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CROCKER NAT. BANK v. ROCKWELL INTERN. CORP.

No. C-81-4099 SC.

555 F.Supp. 47 (1982)

CROCKER NATIONAL BANK and Crocker National Corporation, Plaintiffs, v. ROCKWELL INTERNATIONAL CORPORATION, Lehman Brothers Kuhn Loeb Incorporated; Singer Hutner Levine & Seeman, P.C., and Singer, Hutner, Levine & Seeman, a partnership, Defendants. LEHMAN BROTHERS KUHN LOEB INCORPORATED, Counterclaimant, v. CROCKER NATIONAL CORPORATION, Counterdefendant.

United States District Court, N.D. California.

October 22, 1982.

Attorney(s) appearing for the Case

Robert D. Raven, Morrison & Foerster, San Francisco, Cal., for plaintiffs.

D. Richard Urdan, Graham & James, San Francisco, Cal., David I. Goldblatt, Proskauer, Rose, Goetz & Mendelsohn, New York City, for defendants Singer, Hunter, Levine & Seeman.

Paul A. Renne, Cooley, Godward, Castro, Huddleson & Tatum, San Francisco, Cal., Cleary, Gottlieb, Steen & Hamilton, New York City, for defendant Lehman Brothers Kuhn Loeb Inc.

E. Judge Elderkin, Brobeck, Phleger & Harrison, San Francisco, Cal., Richard Ney, Chadbourne, Parke, Whiteside & Wolff, New York City, for defendant Rockwell Intern.

ORDER

CONTI, District Judge.

This case stems from a complicated set of transactions involving the leasing of computers by the now bankrupt O.P.M. Leasing Services, Inc. ("OPM") to defendant Rockwell International Corporation ("Rockwell"). In order to finance the acquisition of equipment OPM marketed, through defendant Lehman Brothers Kuhn Loeb Inc. ("Lehman"), an investment package to financial institutions, including defendant Crocker National Bank ("Crocker...

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