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U.S. v. CLINTON CAPITAL CORP.

No. 90 Civ. 5764 (RPP).

748 F.Supp. 231 (1990)

UNITED STATES of America, Plaintiff, v. CLINTON CAPITAL CORPORATION, Defendant.

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

October 24, 1990.

Attorney(s) appearing for the Case

Otto Obermaier, U.S. Atty. by G. Elaine Wood, Asst. U.S. Atty., S.D.N.Y., New York City, Small Business Administration by Kathleen E. Burtschi, Trial Atty., Mark K. Stephens, Sp. Asst. to General Counsel, Washington, D.C., for plaintiff.

Newman Tannenbaum Helpern Syracuse & Hirschtritt by Vincent J. Syracuse, New York City, for defendant.

OPINION AND ORDER

ROBERT P. PATTERSON, Jr., District Judge.

On September 7, 1990, the United States of America ("the Government") on behalf of the Small Business Administration ("SBA") commenced this action against Clinton Capital Corporation ("Clinton"), a small business investment company ("SBIC") under Section 301 of the Small Business Investment Act, 15 U.S.C. § 661 et seq., claiming jurisdiction pursuant to 28 U.S.C. § 1345, 15 U.S...

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