GABELLI GLOBAL MULTIMEDIA TRUST v. WESTERN INV.

Civil No. RDB 10-0557.

700 F.Supp.2d 748 (2010)

The GABELLI GLOBAL MULTIMEDIA TRUST INC., Plaintiff, v. WESTERN INVESTMENT LLC, Western Investment Hedged, Partners LP, Western Investment Total Return Partners LP, Western Investment Total Return Fund Ltd., and Arthur Lipson, Defendants.

United States District Court, D. Maryland.

April 1, 2010.


Attorney(s) appearing for the Case

Alexander W. Major, G. Stewart Webb, Jr., Venable LLP, Baltimore, MD, for Plaintiff.

Richard W. Cohen, Todd S. Garber, Lowey Dannenberg Cohen & Hart, PC, White Plains, NY, for Defendants.


MEMORANDUM OPINION

RICHARD D. BENNETT, District Judge.

Plaintiff, the Gabelli Global Multimedia Trust, Inc., ("GGMT") has filed this lawsuit alleging violations of sections 12(d)(1)(A)(i) and 48(a) of the Investment Company Act of 1940 (the "ICA" or "Act") (15 U.S.C. §§ 80a-12(d)(1)(A)(i) and 80a-47(a)). Plaintiff contends that Defendants Western Investment LLC, Western Investment Hedged Partners LP, Western Investment Total Return Partners LP...

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