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POLAR INTERN. BROKERAGE CORP. v. REEVE

No. 98 CIV. 6915 SAS.

120 F.Supp.2d 267 (2000)

POLAR INTERNATIONAL BROKERAGE CORP., Christopher Corroon, Peter Corroon and Faith V. Hyndman, on their own behalf and on behalf of all similarly situated shareholders of Willis Corroon Group, PLC, Plaintiffs, v. John REEVE, Thomas Colraine, Brian D. Johnson, George F. Nixon, Kenneth H. Pinkston, Michael R. Rendle, Joseph M. Rodgers, William A. Schreyer, Allen Sykes, Raymond G. Viault, Patrick Lucas, Willis Corroon Group, PLC, Trinity Acquisition, PLC, Kohlberg Kravis Roberts & Co., L.P., Guardian Royal Exchange, Royal & Sunalliance, the Chubb Corporation, the Hartford Financial Services Group, Inc., Travelers Property Casualty Corp., Warburg Dillon Read, Inc., Chase Manhattan Bank and HSBC Investment Bank, Defendants.

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

September 19, 2000.

Attorney(s) appearing for the Case

Samuel P. Sporn, Jay P. Saltzman, Schoengold & Sporn, P.C., New York City, Lawrence Deutsche, Deborah Fleigelbaum, Berger & Montague, P.C., Philadelphia, PA, for Plaintiffs.

Paul C. Curnin, Frederick A. Morton, Jr., Christina E. Paglia, Simpson Thacher & Bartlett, New York city, for Defendants.

Robert C. Myers, Paul B. Carberry, Dewey Ballantine LLP, New York City, for Insurance Company Defendants.

MEMORANDUM ORDER

SCHEINDLIN, District Judge.

In a Memorandum Order dated August 8, 2000, this Court imposed sanctions against plaintiffs' counsel for violations of Rule 11 in connection with the above-captioned securities fraud action. See Polar Int'l Brokerage Corp. v. Reeve, 196 F.R.D. 13 (S.D.N.Y.2000) [hereinafter "Polar III"].1 Plaintiffs' counsel now seeks, pursuant to Rule 6.3 of the Local Civil Rules for...

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