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HOLIDAY INNS, INC. v. TRUMP

Civ. A. No. 85-2884.

617 F.Supp. 1443 (1985)

HOLIDAY INNS, INC., A Tennessee corporation, and Harrah's Atlantic City, Inc., a New Jersey corporation, Plaintiffs, v. Donald J. TRUMP, Defendant, Third-Party Plaintiff, v. HARRAH'S INC., Third-Party Defendant.

United States District Court, D. New Jersey.

September 23, 1985.

Attorney(s) appearing for the Case

Laurence B. Orloff, Orloff, Lowenbach, Stifelman & Siegel, P.A., Roseland, N.J., and Joseph R. Sahid, Douglas D. Broadwater, Gerald A. Ford, Kenneth A. O'Brien, Jr., Cravath, Swaine & Moore, New York City, for plaintiffs and third-party defendant.

John J. Barry, David Samson, Gage Andretta, Kenneth N. Laptook, David J. Reich, Wolff & Samson, Roseland, N.J., for defendant and third-party plaintiff.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

BROTMAN, District Judge.

This action arises out of conflicts between the principals in a three-year-old partnership venture to build and operate the tenth casino hotel in Atlantic City, New Jersey. On June 30, 1982, plaintiff Harrah's Atlantic City, Inc. ("HAC"), a subsidiary of plaintiff Holiday Inns, Inc. ("HI"), entered into a partnership with Trump Plaza Corporation, whose sole shareholder is defendant Donald J...

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