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ALLIS-CHALMERS MFG. CO. v. GULF & WESTERN INDUS., INC.

Nos. 70 C 513, 69 C 627.

372 F.Supp. 570 (1974)

ALLIS-CHALMERS MANUFACTURING COMPANY, a Delaware corporation, Plaintiff, v. GULF & WESTERN INDUSTRIES, INC., a Delaware corporation, Defendant.

United States District Court, N. D. Illinois, E. D.

Revised March 4, 1974.

Attorney(s) appearing for the Case

S. Hazard Gillespie, William H. Levit, Jr., and Sheila T. McMeen, Davis Polk & Wardwell, New York City, H. Blair White, Sidley & Austin, Chicago, Ill., Maxwell H. Herriott, and W. Stuart Parsons, Quarles, Herriott, Clemons, Teschner & Noelke, Milwaukee, Wis., for plaintiff.

John A. Guzzetta, Bernhardt K. Wruble, Conrad K. Harper and Lindsay A. Lovejoy, Jr., Simpson, Thacher & Bartlett, New York City, Wesley G. Hall, and Lary Blust, Jenner & Block, Chicago, Ill., for defendant.

MEMORANDUM OPINION AND ORDER

PARSONS, District Judge.

This action was commenced on January 6, 1969 in the United States District Court for the Eastern District of Wisconsin by plaintiff, Allis-Chalmers Manufacturing Company, now Allis-Chalmers Corporation (hereinafter referred to as "Allis"). Plaintiff seeks to recover alleged short-swing profits from Gulf & Western Industries, Inc. (hereinafter referred to as "G&W") under Section 16(b) of the Securities...

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