COPELAND v. WASSERSTEIN, PERELLA & CO., INC.

No. 00-31292.

278 F.3d 472 (2002)

Alvin C. COPELAND, Plaintiff-Appellant-Cross-Appellee, v. WASSERSTEIN, PERELLA & CO., INC., and Charles G. Ward, III, Defendants-Appellees-Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

January 4, 2002.


Attorney(s) appearing for the Case

Benjamin R. Slater, III (argued), A. Elise Brown, Slater Law Firm, New Orleans, LA, for Copeland.

Ronald S. Rolfe (argued), Cravath, Swaine & Moore, New York City, Duris Lee Holmes, Robert Emmett Kerrigan, Jr., Deutsch, Kerrigan & Stiles, New Orleans, LA, for Wasserstein, Perrella & Co., Inc. and Ward.

Before GARWOOD, WIENER, and CLEMENT, Circuit Judges.


WIENER, Circuit Judge:

This Louisiana diversity case arises out of a food-business merger gone sour. Plaintiff-Appellant/Cross-Appellee Al Copeland owned the controlling interest in companies that sought to acquire a chain of restaurants and retained Defendant-Appellee/Cross-Appellant Wasserstein, Perella, & Co. ("Wasserstein") to provide financial advice regarding the deal. After the corporation that resulted from the merger was forced into bankruptcy by creditors...

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