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INTERNATIONAL PAPER CO. v. SUWYN

No. 96 Civ. 0143 (BDP).

966 F.Supp. 246 (1997)

INTERNATIONAL PAPER COMPANY, Plaintiff, v. Mark A. SUWYN and Louisiana-Pacific Corporation, Defendants.

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

June 19, 1997.

Attorney(s) appearing for the Case

Joseph S. Allerhand, Weil, Gotshal & Manges LLP, New York City, for plaintiff.

Ellen R. Nadler, Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, New York City, for defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

PARKER, District Judge.

On January 2, 1996, Mark A. Suwyn ("Suwyn") resigned as Executive Vice President of International Paper Company's "International Paper") forest and specialty products division. That same day he assumed new responsibilities as Chairman and Chief Executive Officer ("CEO") of Louisiana-Pacific Corporation ("Louisiana-Pacific"). Alleging that this move violated a noncompetition agreement...

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