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BRODSKY v. LEHIGH VALLEY INDUSTRIES, INC.

Civ. A. No. 76-71176.

424 F.Supp. 863 (1976)

Harry N. BRODSKY, Plaintiff, v. LEHIGH VALLEY INDUSTRIES, INC., a Delaware Corporation, Defendant.

United States District Court, E. D. Michigan, S. D.

December 21, 1976.

Attorney(s) appearing for the Case

David A. Goldman, Levin, Levin, Garvett & Dill, Southfield, Mich., for plaintiff.

Philip A. Grashoff, Jr., Dahlberg, Mallender & Gawne, Detroit, Mich., for defendant.

OPINION AND ORDER DENYING DEFENDANT'S MOTION TO DISMISS

CORNELIA G. KENNEDY, District Judge.

The plaintiff, HARRY N. BRODSKY, filed this action against defendant, LEHIGH VALLEY INDUSTRIES, INC., guarantor on certain convertible subordinated debenture bonds issued by a wholly owned subsidiary of defendant. The plaintiff alleges that the primary obligor, Riverside Manufacturing, Inc. (Riverside), has failed and refuses to pay interest in the amount of $33...

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