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LORENTZEN v. LEVOLOR CORP.

No. 90 Civ. 5085 (WK).

754 F.Supp. 987 (1990)

Eric LORENTZEN, Plaintiff, v. LEVOLOR CORPORATION, a New Jersey Corporation, and DWCC-Hiller Holding, Inc., a Delaware Corporation, Defendants.

United States District Court, S.D. New York.

December 27, 1990.

Attorney(s) appearing for the Case

Wayne A. Cross, Reboul, MacMurray, Hewitt, Maynard & Kristol, New York City, for plaintiff.

Lewis R. Clayton, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants.

MEMORANDUM AND ORDER

WHITMAN KNAPP, Senior District Judge.

This case arises out of a claim of fraud pertaining to a merger agreement by which the defendants acquired ownership of Levolor-Lorentzen, Inc. (hereinafter "the corporation") from the plaintiff and other stockholders. The complaint—invoking diversity jurisdiction—alleges that the plaintiff was fraudulently induced by the defendants to consent to the inclusion in that agreement of a...

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