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SALOVAARA v. JACKSON NAT. LIFE INS. CO.

No. Civ.A. 97-1422(GEB).

66 F.Supp.2d 593 (1999)

Mikael SALOVAARA, individually and derivatively on behalf of South Street Leveraged Corporate Recovery Fund, L.P., et al., Plaintiffs, v. JACKSON NATIONAL LIFE INSURANCE COMPANY, et al., Defendants.

United States District Court, D. New Jersey.

July 1, 1999.

Attorney(s) appearing for the Case

Joseph L. Buckley, Richard H. Epstein, Sills, Cummis, Radin, Tischman, Epstein & Gross, Newark, NJ, for Plaintiffs.

Forrest B. Lammiman, Lord, Bissell & Brook, Chicago, IL, for Jackson National Life Insurance Company.

Kevin N. Starkey, Anderson, Kill & Olik, New York City, of counsel for Jackson National Life Insurance Company.

Richard A. Edlin, Solovay, Edlin & Eiseman, New York City, for Lazard Freres & Co. LLC.

Thomas G. Rafferty, Rowan D. Wilson, Cravath, Swaine & Moore, New York City, of counsel for Lazard Freres & Co. LLC.

MEMORANDUM OPINION

HUGHES, United States Magistrate Judge.

This matter comes before the Court on two separate motions to dismiss the complaint filed by Defendants Jackson National Life Insurance Company ("Jackson") and Lazard Freres & Co. LLC ("Lazard"). Plaintiffs submitted opposition to the motions. The Court reviewed the written submissions and conducted oral argument on June 21, 1999. The parties consented to the jurisdiction of the United States...

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