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STAMM v. BARCLAYS BANK OF NEW YORK

No. 96 Civ. 5158(SAS).

960 F.Supp. 724 (1997)

Arthur Allan STAMM, Maureen R. Olivo and Philip M. Stamm, Plaintiffs, v. BARCLAYS BANK OF NEW YORK, Barclays Bank PLC, and Corporation of Lloyd's, also known as Society & Council of Lloyd's, doing business as Lloyd's of London, Council of Lloyd's, Committee of Lloyd's, Sedgwick Lloyd's Underwriting Agents Ltd., and Syndicates 0317, 0418 and 0421 at Lloyd's of London, Defendants.

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

March 26, 1997.

Attorney(s) appearing for the Case

Mark D. Lebow, Coudert Brothers, New York City, for Plaintiffs.

William A. Meehan, Mendes & Mount, L.L.P., Lawrence W. Pollack, LeBoeuf, Lamb, Greene & MacRae, L.L.P., Philip Walsh Wilson, Elser, Moskowitz, Edelman & Dicker, New York City, for Defendants.

OPINION AND ORDER

SCHEINDLIN, District Judge:

Plaintiffs filed the instant action for common law fraud and violations of Article 22-A of the New York General Business Law1 in New York state court on June 26, 1996. Defendant Lloyd's2 removed the action to this court on July 9, 1996 pursuant to 12 U.S.C. § 632, 9 U.S.C. §§ 203 and 205, 28 U.S.C. § 1331, 28 U.S.C. § 1441...

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