Procter & Gamble Distributing Co. v. Lloyd's Underwriters

This is a motion by defendants for a stay of all proceedings in this action except upon leave of this court until determination of two pending actions in the United States District Court for the Southern District of New York, and until determination of an appeal pending in the Appellate *873Division, First Department, from a summary judgment obtained in this court ag’ainst Lawrence American Field Warehousing Corporation (hereafter Field).

The case arises out of the insolvency of Allied Crude Vegetable Oil Defining Corporation and the many related matters which have been a matter of considerable…