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SAYBROOK TAX EXEMPT INVESTORS, LLC v. LAKE OF TORCHES ECON. DEV. CORP.

No. 12-cv-255-wmc.

929 F.Supp.2d 859 (2013)

SAYBROOK TAX EXEMPT INVESTORS, LLC and LDF Acquisition, LLC, Plaintiffs, v. LAKE OF the TORCHES ECONOMIC DEVELOPMENT CORPORATION; Stifel Nicolaus & Company, Inc.; Stifel Financial Corp.; and Godfrey & Kahn, S.C., Defendants.

United States District Court, W.D. Wisconsin.

March 11, 2013.

Attorney(s) appearing for the Case

Charles Samuel Bergen, Jessica Shay Nolan, Laura Kathleen McNally, Matthew Sexton Buckley, Grippo & Elden LLC, Chicago, IL, Heidi L. Vogt, Mark F. Foley, Von Briesen & Roper, S.C., Milwaukee, WI, for Plaintiffs.

Monica M. Riederer, Thomas S. Reynolds, II, Timothy Michael Hansen, Hansen Riederer Dickinson Crueger & Reynolds LLC, Daniel J. Kennedy, David J. Turek, Brian George Cahill, Gass Weber Mullins LLC, James R. Clark, Eric G. Pearson, Foley & Lardner LLP, Milwaukee, WI, Jessica Intermill, Vanya S. Hogen, Jacobson, Buffalo, Magnuson, Anderson & Hogen, P.C., Saint Paul, MN, for Defendants.

OPINION AND ORDER

WILLIAM M. CONLEY, District Judge.

Plaintiffs here purchased taxable gaming revenue bonds and seek to either enforce payment of the bonds or to obtain other legal and equitable relief from defendants — the tribal corporation that issued the bonds, an intermediary brokerage firm that sold the bonds, and the law firm that opined on the legality of the bonds at the time of the sale. While the issuing tribal corporation, defendant Lake...

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