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DACOURT GROUP, INC. v. BABCOCK INDUSTRIES, INC.

Civ. No. B-89-634 (WWE).

747 F.Supp. 157 (1990)

The DACOURT GROUP, INC., Plaintiff, v. BABCOCK INDUSTRIES, INC., FKI Babcock PLC, Dennis F. Flint, Jeffrey L. Currier, Peter W. Krehbiel, and Robert M. Miller, Defendants.

United States District Court, D. Connecticut.

September 10, 1990.

Attorney(s) appearing for the Case

Ethan Levin-Epstein, Harold James Pickerstein, Trager and Trager, P.C., Fairfield, Conn., Neal A. Jackson, Lynn C. Fields, Priscilla N. Harris, Adams, McCullough & Beard, Washington, D.C., Pro Hac Vice, for Dacourt Group, Inc.

James A. Fulton, James C. Riley, Whitman & Ransom, Greenwich, Conn., John M. Hadlock, Steven G. Fauth, Whitman & Ransom, New York City, Pro Hac Vice, for Babcock Industries, Inc.

RULING ON MOTION TO DISMISS OR FOR SUMMARY JUDGMENT

EGINTON, District Judge.

Plaintiff, The Dacourt Group, Inc. ("Dacourt"), brought this action against defendants Babcock Industries, Inc. ("Babcock"), FKI Babcock PLC ("FKI"), the corporate parent of Babcock, and certain named officers of Babcock. This action arises out of a proposed $80 million sale-leaseback transaction involving commercial properties owned by Babcock. Dacourt, as the prospective purchaser...

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