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IN RE LLOYD'S AMERICAN TRUST FUND LITIGATION

No. 92 Civ. 1262 (RWS).

928 F.Supp. 333 (1996)

In re LLOYD'S AMERICAN TRUST FUND LITIGATION.

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

June 7, 1996.

Attorney(s) appearing for the Case

Camhy Karlinsky & Stein, New York City (Kenneth A. Lapatine, Mark H. Budoff, of counsel), Milberg Weiss Bershad Hynes & Lerach, New York City (Sanford P. Dumain, of counsel), for Plaintiffs.

Shearman & Sterling, New York City (Frederick T. Davis, Donald A. Goldsmith, Henry Weisburg, of counsel), Debevoise & Plimpton, New York City (John H. Hall, of counsel), for Defendant.

OPINION

SWEET, District Judge.

Plaintiffs Gasper Celamo, Michael Montana, and John Norton, plaintiffs in three class actions, have moved to remand the actions which have been removed by defendant Citibank, N.A. ("Citibank") from the Supreme Court of the State of New York. The motion is denied for the reasons set forth below.

The Parties

Each of the named plaintiffs is a citizen and resident of the United States and seeks to...

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