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UNITED STATES v. MANUFACTURERS HANOVER TRUST CO.

240 F.Supp. 867 (1965)

UNITED STATES of America, Plaintiff, v. MANUFACTURERS HANOVER TRUST COMPANY, Defendant.

United States District Court S. D. New York.

March 10, 1965.

Attorney(s) appearing for the Case

William H. Orrick, Jr., Asst. Atty. Gen., John M. Toohey, Charles A. Degnan, Eugene Driker, and Robert E. Kendrick, Attys., Dept. of Justice, of counsel, Washington, D. C., for plaintiff.

Simpson, Thacher & Bartlett, Whitney North Seymour, George B. Balamut, William J. Manning, and Donald Oresman, New York City, of counsel, Kelley, Drye, Newhall, Maginnes & Warren, Francis S. Bensel, and Albert J. Walker, New York City, of counsel, for defendant.

MacMAHON, District Judge.

The government, claiming violation of Section 7 of the Clayton Act1 and Section 1 of the Sherman Act,2 seeks equitable relief undoing a merger of Manufacturers Trust Company and The Hanover Bank which resulted in the creation of defendant, Manufacturers Hanover Trust Company.

The merger has now been in effect for more than three years. It was consummated on September 8, 1961...

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