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ICM REALTY v. CABOT, CABOT & FORBES LAND TRUST

No. 74 Civ. 1675.

378 F.Supp. 918 (1974)

ICM REALTY, Plaintiff, v. CABOT, CABOT & FORBES LAND TRUST, Defendant.

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

July 12, 1974.

Attorney(s) appearing for the Case

Shearman & Sterling, New York City, for plaintiff; George J. Wade, Edward J. Boyle, Lawrence G. Golde, James R. Hawkins, Edward L. Turner, III, New York City, of counsel.

Davis, Polk & Wardwell, New York City, for defendant; Christopher Crowley, Bartlett H. McGuire, Hiram D. Gordon, Jack P. Levin, New York City, of counsel.

MEMORANDUM

BONSAL, District Judge.

Plaintiff ICM Realty ("ICM") instituted this action on April 15, 1974 against defendant Cabot, Cabot & Forbes Land Trust ("CCF"), seeking a preliminary and permanent injunction to enjoin CCF from consummating contracts with five commercial banks holding shares of beneficial interest in ICM, under which CCF would acquire approximately 55.7% of the shares of ICM from the banks in exchange for shares of beneficial interest...

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