PENTHOUSE INTERNATIONAL, LTD., and Boardwalk Properties, Inc., Plaintiffs-Appellees,
v.
DOMINION FEDERAL SAVINGS & LOAN ASSOCIATION, and Melrod, Redman & Gartlan, P.C., Defendants-Appellants.
DOMINION FEDERAL SAVINGS & LOAN ASSOCIATION, Third-party Plaintiff-Appellant,
v.
QUEEN CITY SAVINGS & LOAN ASSOCIATION, Third-party Defendant-Appellee.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued March 7, 1988.
Decided August 26, 1988.
Attorney(s) appearing for the Case
Milton S. Gould, New York City (Joseph Ferraro, Susan B. Ratner, Shea & Gould, New York City, of counsel), for plaintiffs-appellees Penthouse Intern., Ltd. and Boardwalk Properties, Inc.
Peter C. Alkalay, New York City (Jacqueline A. Braun, Nitkin Alkalay Handler & Robbins, New York City, of counsel), for third-party defendant-appellee Queen City Savings & Loan Ass'n.
Dorothy L. Nichols, Sr. Associate Gen. Counsel, James J. Igo, Trial Atty., Jordon Luke, Gen. Counsel, Jack D. Smith, Deputy Gen. Counsel, Washington, D.C., for amicus curiae Federal Home Loan Bank Bd.
Wendy B. Samuel, Washington, D.C., for amicus curiae National Counsel of Sav. Institutions.
Arthur L. Liman, New York City (Steven B. Rosenfeld, Allan Blumstein, John D. Worland, Jr., Robert Atkins, Sanford Hausler, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, Robert L. Tofel, David B. Newman, Fine, Tofel, Saxl & Berelson, P.C., New York City, of counsel), for defendant-third-party plaintiff-appellant Dominion Federal Sav. & Loan Ass'n.
Marvin E. Frankel, New York City (Ellen R. Nadler, Jeffrey S. Trachtman, Jason Brown, Kramer, Levin, Nessen, Kamin & Frankel, New York City, of counsel), for defendant-appellant Melrod, Redman & Gartland P.C.
Before MESKILL and ALTIMARI, Circuit Judges, and MISHLER, District Judge.
United States Court of Appeals, Second Circuit.
ALTIMARI, Circuit Judge:
Defendants-appellants Dominion Federal Savings & Loan Association ("Dominion") and Melrod, Redman & Gartlan, P.C. ("Melrod" or the "Melrod firm") appeal from judgments entered in favor of plaintiffs-appellees Penthouse International, Ltd. and its wholly-owned subsidiary, Boardwalk Properties, Inc. (hereafter referred to as "Penthouse"), and third-party defendant-appellee Queen City Savings & Loan Association ("Queen City"). After...
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