HALLWOOD REALTY PARTNERS, L.P. v. GOTHAM PARTNERS

No. 00 CIV. 1115(LAK).

95 F.Supp.2d 169 (2000)

HALLWOOD REALTY PARTNERS, L.P., Plaintiff, v. GOTHAM PARTNERS, L.P., et al., Defendants.

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

May 2, 2000.


Attorney(s) appearing for the Case

Thomas J. McCormack, Beth D. Diamond, Maura K. Tully, Tami S. Stark, Chadbourne & Parke LLP, New York City, for Plaintiff.

Philip H. Schaeffer, J. Christopher Shore, White & Case LLP, New York City, for Defendants Gotham Partners, L.P. and Gotham Partners III, L.P.

Robert J. Giuffra, Jr., Sullivan & Cromwell, New York City, for Defendants Interstate Properties and Steven Roth.

Ronald H. Alenstein, D'Amato & Lynch, New York City, Joseph K. Hegedus, Lewis, D'Amato, Brisbois & Bisgaard LLP, Los Angeles, CA, for Defendant Private Management Group, Inc.

Gregory J. Joseph, Albert Shemmy Mishaan, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Defendant EFO Realty, Inc.


OPINION

KAPLAN, District Judge.

Battles for corporate control during the 1970's and '80's frequently included lawsuits by takeover targets claiming that potential aggressors had violated Section 13(d) of the Securities Exchange Act of 19341 (the "Exchange Act") by failing accurately to disclose the motives for their purchases of the targets' shares and the membership of alleged groups...

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