ROLO v. CITY INVESTING CO. LIQUIDATING TRUST

Civ. A. No. 90-4420 (DRD).

897 F.Supp. 826 (1995)

Jose and Rosa ROLO; and Dr. William and Roseanne Tenerelli, Plaintiffs, v. CITY INVESTING COMPANY LIQUIDATING TRUST, et al., Defendants.

United States District Court, D. New Jersey.

August 24, 1995.


Attorney(s) appearing for the Case

Roy A. Heimlich, Herbert I. Deutsch, Vincent R. Coffey, Alfred N. Metz, Deutsch & Frey, New York City, William O'Brien, Glenn P. Callahan, Callahan, Delany & O'Brien, Voorhees, NJ, for plaintiff.

Paul M. Dodyk, Cravath, Swaine & Moore, New York City, Douglas S. Eakeley, Lowenstein, Sandler, Kohl, Fisher & Boylan, Roseland, NJ, for defendants City Investing Co., Liquidating Trust, AmBase Corp., Carteret Bancorp. Inc., George T. Scharffenberger, Marshall Manley, Edwin I. Hatch and Eben W. Pyne.

Steven M. Edwards, Davis, Scott, Weber & Edwards, New York City, for defendant David F. Brown.

Joel Hirschhorn, Coral Cables, FL, for defendant Robert Ehrling.

Robert T. Wright, Elizabeth C. Barber, Mershon, Sawyer, Johnston Dunwody & Cole, Miami, FL, Joseph L. Buckley, Sills Cummis Zuckerman Radin Tischman Epstein & Gross, Newark, NJ, for defendants Reubin O'D. Askew, Howard L. Clark, Jr., Charles J. Simons and Peter R. Brinckerhoff.

Peter Perretti, Nicholas DeB. Katzenbach, Jeffrey J. Miller, Riker Danzig Scherer Hyland & Perretti, Morristown, NJ, for defendants Cravath, Swaine & Moore and David G. Ormsby.

Joseph J. Schiavone, Budd Larner Gross Rosenbaum Greenberg & Sade, Short Hills, NJ, John W. Little, III, Steel Hector & Davis, West Palm Beach, FL, for defendant Federal National Mortgage Association.

George T. Ford, Siff Rosen & Parker, Newark, NJ, George Kielman, Federal Home Loan Mortgage Co., McLean, VA, for defendant Federal Home Loan Mortgage Corp.

Peter Homer, Homer & Bonner, Miami, FL, Edward J. Boccher, Mudge Rose Guthrie Alexander & Ferdon, Parsippany, NJ, for defendant Citizens and Southern Trust Company (Florida), N.A.

Gerald J. Houlihan, Greenberg Traurig Hoffman Lipoff Rosen & Quentel, Miami, FL, Keith Harris, Braff Harris & Sukoneck, Livingston, NJ, for defendant Chase Federal Bank.

Kevin M. Hart, Stark & Stark, Princeton, NJ, for defendant Federal Deposit Insurance Corporation.

Steven M. Richman, Herrick, Feinstein, Princeton, NJ, George J. Wade, Thomas F. Swift, Shearman & Sterling, New York City, for defendant Citicorp Real Estate, Inc.

Herschel E. Sparks, Jr., Hughes, Hubbard & Reed, Miami, FL, Clyde A. Szuch, Pitney Hardin Kipp & Szuch, Morristown, NJ, for defendant The Home Insurance Company.

Vincent E. Reilly, McElroy, Deutsch & Mulvaney, Morristown, NJ, for defendant Secor National Bank.

Louis Mrachek, Gunster, Yoakley & Stewart, West Palm Beach, FL, for defendant National Bank of Canada.

Louis W. Childress, Brown Childress & Lofton, East Orange, NJ, John H. Denton, Connell, Foley & Geiser, Roseland, NJ, for defendant RTC, as Receiver for defendant Carteret Savings Bank, F.A.

Steven H. Reisberg, Wilkie, Farr & Gallagher, New York City, Robert E. Bartkus, Pinto, Rodgers & Kopf, Morristown, NJ, for defendant Prudential Insurance Company of America.

Steven I. Adler, Cole, Schotz, Bernstein, Meisel & Forman, Hackensack, NJ, for defendant First National Bank of Boston.

James J. Hagan, Simpson Thacher & Bartlett, New York City, for defendant Paine-Webber, Inc.

Warren H. Colodner, Kirkpatrick & Lockhart, New York City, for Merrill Lynch, Pierce, Fenner & Smith, Inc.

Joseph A. Boyle, Kelley Drye & Warren, Parsippany, NJ, Alan J. Kluger, Kluger Peretz Kaplan & Berlin, Miami, FL, for defendant Greyhound Financial Corporation.

Robert L. Young, Carlton Fields Ward Emmanuel Smith & Cutler, Orlando, FL, Peter J. Boyer, Blank Rose Comisky & McCauley, Cherry Hill, NJ, for defendant Harbor Federal Savings and Loan Association.

Marbury Rainer, Parker Hudson Rainer & Dobbs, Atlanta, GA, James A. Scarpone, Stephen L. Dreyfuss, Hellring, Lindeman, Goldstein, & Siegal, Newark, NJ, for defendant StanChart Business Credit, Inc.

David T. Eames, G. Wade Leak, Bodian & Eames, New York City, for Lloyds Bank, PLC.


DEBEVOISE, Senior District Judge.

On April 4, 1995, the Court of Appeals vacated the order of dismissal in this case and remanded for reconsideration in light of Jaguar Cars, Inc. v. Royal Oaks Motor Car. Co., 46 F.3d 258 (3d Cir.1995). The parties submitted extensive briefs to assist reconsideration of the order of dismissal. In addition, plaintiffs filed a motion for leave to serve a second amended and supplemental complaint...

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