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CONTINENTAL ASSUR. CO. v. MACLEOD-STEDMAN, INC.

No. 87 C 9834.

694 F.Supp. 449 (1988)

CONTINENTAL ASSURANCE COMPANY, Plaintiff, v. MACLEOD-STEDMAN, INC., a Canadian corporation, and The Toronto-Dominion Bank Trust Company, as Trustee, Defendants.

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

August 3, 1988.

Attorney(s) appearing for the Case

James E. Spiotto, Ann E. Acker, William P. Smith, John R. Weiss, Chapman & Cutler, Chicago, Ill., for plaintiff.

Willaim R. Carney, George J. Casson, Jr., Bell, Boyd & Lloyd, Chicago, Ill., for defendant Macleod-Stedman, Inc.

Kevin J. Walsh, Cory E. Friedman, Kelley Drye & Warren, New York City, Julian Solotorovsky, Kelley Drye & Warren, Chicago, Ill., for defendant The Toronto-Dominion Bank Trust Company, as Trustee.

FINDINGS OF FACT, CONCLUSIONS OF LAW AND ORDER

HART, District Judge.

This cause comes to be heard on the Amended Complaint of Continental Assurance Company ("CNA"), seeking a declaratory judgment that the terms and conditions of the issuance and exchange of securities contemplated by the Proposed Settlement described below are fair and therefore should be approved; that such issuance and exchange of securities...

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