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ALLEN CHASE AND COMPANY v. WHITE, WELD & CO.

No. 68 Civ. 829 (MP).

311 F.Supp. 1253 (1970)

ALLEN CHASE AND COMPANY, Plaintiff, v. WHITE, WELD & CO., Defendant.

United States District Court, S. D. New York.

April 17, 1970.

Attorney(s) appearing for the Case

Davis & Cox, New York City, for plaintiff; by Maxwell E. Cox, New York City, of counsel.

Shearman & Sterling, New York City, for defendant; by Charles C. Parlin, Jr., and Thomas F. Fennell, II, New York City, of counsel.

DECISION AND OPINION

POLLACK, District Judge.

Plaintiff sues to compel defendant to account for a 50 percent share of the fees, commissions or profits received by the defendant in connection with the finding and promoting of an opportunity to acquire and assisting the acquisition by another corporation of the stock of Paddington Corporation. The latter was the exclusive American distributor of Scotch Whiskey and other liquor products under the brand name...

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