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MUNICIPAL HIGH INCOME FUND, INC. v. GOLDMAN, SACHS & CO.

600012/06

2008 NY Slip Op 52327(U)

MUNICIPAL HIGH INCOME FUND, INC., SMITH BARNEY MANAGED MUNICIPALS FUND, INC., MANAGED MUNICIPALS PORTFOLIO, INC., MANAGED MUNICIPALS PORTFOLIO II, INC., SMITH BARNEY INCOME FUNDS-SMITH BARNEY MUNICIPAL HIGH INCOME FUND, and SMITH BARNEY MUNI FUNDS-NATIONAL PORTFOLIO, Plaintiffs, v. GOLDMAN, SACHS & CO., and R.W. BECK, INC., Defendants. [pg] GOLDMAN, SACHS & CO., Third-Party Plaintiff, WESTERN ASSET MANAGEMENT COMPANY, a subsidiary of LEGG MASON INC., F/K/A SMITH BARNEY FUND MANAGEMENT LLC, formerly a subsidiary OF CITIGROUP, INC., F/K/A GREENWICH STREET ADVISORS, a division of SMITH BARNEY MUTUAL FUNDS MANAGEMENT INC., Third-Party Defendant.

Supreme Court of the State of New York, New York County.

Decided October 30, 2008.

Attorney(s) appearing for the Case

Michael P. Cillo, Esq. (Davis & Ceriani PC), David P. Stich, Esq. (Solomon Pearl Blum Heymann & Stich LLP), for Plaintiffs.

Jonathan D. Schiller, Esq. (Boies Schiller Flexner LLP), David A. Barrett, Esq. (Boies Schiller Flexner LLP), for Defendant Goldman Sachs.

Warren Hutchison, Esq. (LeClair Ryan PC), for Defendant R.W. Beck.

Donald F. Luke, Esq. (Jaffe Asher LLP), Mark H. Moore, Esq. (Jaffe Asher LLP), for Defendant Western Asset Mgt.

CHARLES E. RAMOS, J.

Defendants Goldman, Sachs & Co. (Goldman) and R.W. Beck Inc. (Beck) move separately, pursuant to CPLR 3212, to dismiss the complaint on statute of limitation grounds. Plaintiffs Municipal High Income Fund, Inc., Smith Barney Managed Municipals Fund, Inc., Managed Municipals Portfolio, Inc., Managed Municipals Portfolio II, Inc., Smith Barney Income Funds-Smith Barney, Municipal High Income Fund, and Smith Barney Muni Funds-National Portfolio...

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