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FIELDSTONE INV. CORP. v. SID R. BASS MANAGEMENT TRUST

No. CIV. JFM-04-1707.

339 F.Supp.2d 698 (2004)

FIELDSTONE INVESTMENT CORPORATION v. SID R. BASS MANAGEMENT TRUST, et al.

United States District Court, D. Maryland.

October 14, 2004.

Attorney(s) appearing for the Case

Mark D. Gately, Jennifer Kathryn Squillario, Hogan and Hartson LLP, Baltimore, MD, Michele Walls Sartori, Hogan and Hartson LLP, Washington, DC, for Plaintiff.

William L. Kirkman, Bourland Kirkman Seidler Jay and Michel LLP, Ft. Worth, TX, Daniel P. Moylan, John J. Connolly, William J. Murphy, Murphy and Shaffer LLC, Baltimore, MD, for Defendants.

MEMORANDUM

MOTZ, District Judge.

This is a declaratory judgment action instituted by Fieldstone Investment Corp. ("Fieldstone") against thirty-one persons and entities (collectively "the Bass Group") that previously held 95% of the shares in Fieldstone. The underlying issue presented is whether the terms of a Redemption Agreement entitle the Bass Group to receive a substantial increase in the price for the stock they relinquished as part of a series of financial...

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