BRANDT v. HICKS, MUSE & CO., INC.

Civil Action No. 97-40020-NMG.

213 B.R. 784 (1997)

William A. BRANDT, Jr., Trustee, Plaintiff, v. HICKS, MUSE & CO., INC. et al., Defendants.

United States District Court, D. Massachusetts.

September 11, 1997.


Attorney(s) appearing for the Case

Michael A. Khoury, Cohn & Kelakos, Boston, MA, J. Joseph Bainton, Jose Baez, Ross & Hardies, New York City, for Plaintiff.

Carl E. Metzger, Testa, Hurwitz & Thibeault, Boston, MA, for Helen Cyker, Wand Partners, Mercury Asset Management and Life Partners Group.

David C. Fixler, Rubin and Rudman, Boston, MA, for Robert Casey and Helen Cyker.

Joseph L. Clasen, Robinson & Cole, Stamford, CT, H. Bissell Carey, III, Robinson & Cole, Boston, MA, for Chrysler Capital Corp.

Dennis E. Glazer, Davis, Polk & Wardwell, New York City, for J.P. Morgan.

Gary L. Weiner, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Vincent A. Mai and Thomas L. Kempner.

Hugh J. Gorman, III, Hinckley, Allen, Snyder & Comen, Boston, MA, for Joel Lewin.

Christopher T. Vrountas, Cooke, Clancy & Gruenthal, Boston, Ma, for Marvin Cyker.

Arnold P. Messing, Choate, Hall & Stewart, Boston, MA, Thomas G. Rafferty, Cravath, Swaine & Moore, New York City, for Lazard Freres & Co.

Edwin G. Schallert, Debevoise & Plimpton, New York City, for Chancellor Trust Co. and Chancellor Capital Management, Inc.

David A. Parke, Bulkley, Richardson & Gelinas, Springfield, MA, for Cramer, Rosenthal, MC.

Mark N. Parry, Moses & Singer, New York City, for Gemini Partners and Arthur M. Goldberg.

Kayalyn A. Marafioti, Louis A. Goodman, Skadden, Arps, Slate, Meagher & Flom, Boston, MA, for Skadden, Arps, Slate, Meagher & Flom.

Kathleen S. Donius, Milwaukee, WI, for Valuation Research Corp.

Vincent M. Amoroso, Peabody & Arnold, Boston, MA, for Robert Mulcahy, III.

John A.D. Gilmore, Hill & Barlow, Boston, MA, for The Airlie Group.

Daniel J. Lyne, Hanify & King, P.C., Boston, MA, for Ray Doherty.

Mike McKool, Jr., McKool Smith, P.C., Dallas, TX, for The Hicks, Muse.

Steven M. Pesner, Akin, Gump, Strauss, Hauer & Feld, New York City, for The Apollo Group.

Christian M. Hoffman, Foley, Hoag & Eliot, Boston, MA, for Coopers & Lybrand.

Arthur Steinberg, Kaye, Scholer, Fierman Hays, Handler, New York City, for Kaye, Sholer, Fierman, Hays & Handler.

William J. Hanlon, Goldstein & Manello, P.C., Boston, MA, for Conseco.

John O. Mirick, Mirick, O'Connell, DeMallie & Lougee, Worcester, MA, John D. Hanify, Hanify & King, P.C., Boston, MA, Mike McKool, Jr., McKool Smith, P.C., Dallas, TX, for Hicks Muse Equity Fund, L.P., HMC Partners, HMC Partners, L.P., Healthco Holding Co., Inc., Thomas O. Hicks, John R. Muse, Jack D. Furst, Ray C. Davis and Davis, McCombs, Harkey & Carter.

Steven M. Pesner, Akin, Gump, Strauss, Hauer & Feld, New York City, for Apollo Investment Fund, L.P., Apollo Advisors, L.P.A, Apollo Capital Management, Inc., Lion Capital Management, Inc., Altus Finance, S.A., Lion Advisors, L.P. and Akin, Gump, Strauss, Hauer & Feld, L.L.P.

Alan Kolod, Roger Waldman, Moses & Singer, New York City, for Kenneth W. Atchison.

George W. Mykulak, William J. Hanlon, Robert Somma, Goldstein & Manello, P.C., Boston, MA, for National Fidelity Life Insurance Company and Life Partners Group, Inc.

Thomas C. Rice, Simpson, Thacher & Bartlett, New York City, for Simpson, Thacher & Bartlett.


MEMORANDUM AND ORDER

GORTON, District Judge.

I. Introduction:

Between April 23, 1997, and June 6, 1997, this Court conducted a trial in the above-captioned civil action. With respect to all of the defendants except Lazard Freres & Co LLC ("Lazard"), the claims made by the plaintiff, William A. Brandt, Jr., ("the Trustee") were tried to a jury. That jury returned a verdict in favor of the...

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