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BOART LONGYEAR LTD. v. ALLIANCE INDUSTRIES, INC.

No. 12 Civ. 1346.

869 F.Supp.2d 407 (2012)

BOART LONGYEAR LTD., Boart Longyear Global Holdco, Inc., Longyear Holdings, Inc., Resources Services Holdco, Inc., and Prosonic Corporation, Plaintiffs, v. ALLIANCE INDUSTRIES, INC., Terra Sonic International, LLC, HI-VAC Corporation, Promanco, Inc., Mole Master Services Corp., and Rudolph John Lehman, Defendants.

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

Opinion Denying Reconsideration July 26, 2012.

Attorney(s) appearing for the Case

Alan M. Fisch, Kaye Scholer LLP, Washington, DC, Robert R. Laurenzi, Kaye Scholer LLP, New York, NY, for Plaintiffs.

Marc E. Bernstein, Paul Hastings LLP, New York, NY, for Defendants.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

Boart Longyear Ltd., Boart Longyear Global Holdco, Inc., Longyear Holdings, Inc., Resources Services Holdco, Inc., and Prosonic Corporation (collectively, "Boart Longyear") bring this action against fellow signatories (Alliance Industries, Inc. and Rudolph John Lehman) to a Stock Purchase Agreement ("SPA"), as well as some of the signatories' affiliates (Terra Sonic International...

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