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CSI INV. PARTNERS II, L.P. v. CENDANT CORP.

No. 00 Civ. 1422.

507 F.Supp.2d 384 (2007)

CSI INVESTMENT PARTNERS II, L.P., Delaware limited partnership, CIS Acquisition Partners, L.P., a Delaware limited partnership, Canterbury Mezzanine Capital, L.P., a Delaware limited partnership, David C Thompson, M. Gerard Keehan, Vineet Pruthi, Donald J. Shea, James M. Rothe, Michael Cossel, John J. Adams, Robert E. Richardson, Marilyn Schwartz, and Charles Caudle, Plaintiffs, v. CENDANT CORPORATION, a Delaware corporation, Henry Silverman, Samuel Katz, and Cosmo Corigliano, Defendants. Cendant Corporation, Counterclaim-Plaintiff v. CSI Investment Partners II, L.P., CIS Acquisition Partners, L.P., Canterbury Mezzanine Capital, L.P., David C. Thompson, M. Gerard Keehan, Vineet Pruthi, Donald J. Shea, James M. Rothe, Michael Cossel, John J. Adams, Robert E. Richardson, Marilyn Schwartz, Charles Caudle, Counterclaim-Defendants, and Tonya Carmichael, Lincolnshire Equity, Inc., Lincolnshire Management, Inc., Steve Kumble, and Thomas J. Maloney, Additional Counterclaim-Defendants.

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

September 7, 2007.

Attorney(s) appearing for the Case

Michael Edward Petrella, Law Offices of Sean F. O'Shea, New York, NY, for Plaintiffs.

Ian R. Barrett, Kent B. Goss, Pillsbury, Madison & Sutro, L.L.P., Los Angeles, CA, Sean F. O'Shea, Law Offices of Sean F. O'Shea, New York, NY, for Plaintiffs/Counterclaim-Defendants.

Richard Francis Lawler, Winston & Strawn LLP, Gary P. Naftalis, Kramer Levin Naftalis & Frankel, LLP, Henry Edward Mazurek, Law Offices of Gerald L. Shargel, Robert Y. Sperling, Winston & Strawn, LLP, New, York, NY, Robert Y. Sperling, Winston & Strawn, LLP, Chicago, IL, Herbert J. Stern, Stern & Greenberg, Roseland, NJ, James Glenn Kreissman, Simpson Thacher & Bartlett LLP, New York, CA, for Defendants.

OPINION

BATTS, District Judge.

Plaintiffs CSI Investment Partners II, L.P., CIS Acquisition Partners, L.P., Canterbury Mezzanine Capital, L.P., David C. Thompson, M. Gerard Keehan, Vineet Pruthi, Donald J. Shea, James M. Rothe, Michael Cossel, John J. Adams, Robert E. Richardson, Marilyn Schwartz, and Charles Caudle (collectively referred to as "Sellers" or "Plaintiffs") sue Defendants Cendant Corporation ("Cendant"), Henry Silverman, Samuel Katz...

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