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NELSON v. PARAMOUNT COMMUNICATIONS, INC.

No. 94 CIV 5014 (CBM).

872 F.Supp. 1242 (1994)

Howard NELSON, SREP, Plaintiff, v. PARAMOUNT COMMUNICATIONS, INC., and Martin S. Davis, Defendants.

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

December 22, 1994.

Attorney(s) appearing for the Case

Avrom S. Fischer, New York City, for plaintiff.

Stewart J. Baskin, Andrew W. Feinberg, Sherman & Sterling, New York City, for defendants.

MEMORANDUM OPINION

MOTLEY, District Judge.

I. Background.

This case arises out of the events leading up to the eventual merger of Paramount Communications, Inc. ("Paramount") with Viacom, Inc. ("Viacom").1 Paramount issued senior notes paying 5.88% interest (the "Paramount notes") on July 12, 1993. (¶¶ 1, 11).2 These notes were...

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