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GREATER CONTINENTAL CORPORATION v. SCHECHTER

No. 69 Civ. 3761.

304 F.Supp. 325 (1969)

GREATER CONTINENTAL CORPORATION, Plaintiff, v. Marvin SCHECHTER et al., Defendants.

United States District Court S. D. New York.

September 26, 1969.

Attorney(s) appearing for the Case

Kaye, Scholer, Fierman, Hays & Handler, New York City, for plaintiff; Jay G. Strum, Lawrence N. Weiss, New York City, of counsel.

Spencer & Tunstead, New York City, for Marvin Schechter.

OPINION

FRANKEL, District Judge.

Characterized briefly for the purposes immediately at hand, this is an action to rescind a partially executed contract under which plaintiff acquired from two of the individual defendants, Marvin Schechter and Hugo Spatenga, all of the stock of defendant Sea-Land Dredging Corp. Plaintiff has moved for various kinds of injunctive relief pendente lite. As will appear, some of the restraints thus sought are essentially...

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