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KAMERMAN v. STEINBERG

No. 84 Civ. 4440 (CBM).

744 F.Supp. 59 (1990)

Ruth KAMERMAN, Executrix of the Estate of Norman Kamerman, Plaintiff, v. Saul STEINBERG, Reliance Group Holdings, Inc., Reliance Group, Inc., Reliance Financial Services Corp., and Reliance Insurance Company, Defendants.

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

August 24, 1990.

MEMORANDUM OPINION

MOTLEY, District Judge.

On May 25, 1990, the parties to the class actions related to the above-captioned case, the "Brown" actions, presented to the court a proposed implementation order for a settlement agreement for those actions. This settlement agreement included an "opt-out" provision permitting class members to choose to participate in the Kamerman action, in which there was no settlement, in lieu of accepting the terms of the Brown...

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