MANAGEMENT INVEST. FUNDING LTD. v. MERRILL LYNCH, PIERCE, FENNER & SMITH INC.

No. 93 CIV. 3004 (LBS).

19 F.Supp.2d 129 (1998)

MANAGEMENT INVESTMENT FUNDING LIMITED and Compagnie Financiere de CIC et de L'Union Européenne, Plaintiffs, v. MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, Defendant/Interpleader-Plaintiff, v. CALEX, LTD., Interpleader-Defendant.

United States District Court, S.D. New York.

September 3, 1998.


Attorney(s) appearing for the Case

Parker Chapin Flattau & Klimpl, LLP by Stephen G. Rinehart and Martin Weisberg, New York City, for Plaintiffs.

Brown & Wood by Henry Minnerop, New York City, for Defendant/Interpleader Plaintiff.

Kornstein Veisz & Wexler, LLP by Daniel J. Kornstein and Michael W. Atleson, New York City, for Third-Party Defendant.


OPINION

SAND, District Judge.

There has been tried to the Court a declaratory judgment action brought by Plaintiffs, Management Investment Funding Limited ("MIF")1 and Compagnie Financiere de CIC et de l'Union Européene ("CFC") (collectively "Plaintiffs"), against Defendant Merrill, Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") and Third-Party Defendant, Calex, Ltd. ("Calex"). This action is brought...

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