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NORWEST FINANCIAL, INC. v. FERNANDEZ

No. 98 CIV. 6635(SAS).

121 F.Supp.2d 258 (2000)

NORWEST FINANCIAL, INC., Plaintiff, v. Juan Carlos FERNANDEZ and Gustavo Carlos Lanzillotta, Defendants.

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

September 7, 2000.

Attorney(s) appearing for the Case

David Dunn, Hogan & Hartson, LLP, New York City, for Plaintiff.

Oleg Rivkin, Fox Horan & Camerini, LLP, New York City, for Defendants.

MEMORANDUM OPINION AND ORDER

SCHEINDLIN, District Judge.

I. BACKGROUND

In January 1998, Norwest Financial, Inc. ("Norwest") purchased an Argentine consumer finance company, Finvercon S.A. Compania Financiera ("Finvercon") from defendants, who remained employed with the company until they were terminated in September 1998. Norwest then sued the defendants seeking, inter alia, damages for defendants' breach of the Stock Purchase Agreement...

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