Legal Opinion

Drexel Burnham Lambert Group, Inc. v. Vigilant Insurance Co.

District Court, S.D. New York

Decided August 5, 1991No. 90 Civ. 6565 (DNE)PublishedCited by 82 opinions

1Opinion of the Court

MEMORANDUM & ORDER

EDELSTEIN, District Judge:

Plaintiffs The Drexel Burnham Lambert Group Inc. (“DBL Group”) and Drexel Burnham Lambert Incorporated (“DBL Inc.”) (collectively “Drexel”) have moved to remand this action to the New York State Supreme Court for New York County. For the reasons stated below, plaintiffs’ motion is granted.

I. BACKGROUND

Drexel has pleaded guilty to criminal charges, entered into a consent decree with the Securities and Exchange Commission, and has had numerous claims and lawsuits filed against it based on charges of employee misconduct. DBL Group, DBL Inc., and…

2Cases cited12 opinions

  1. Browning v. NavarroCourt of Appeals for the Fifth Circuit · 1984
  2. Republic Reader's Service, Inc. v. Magazine Service Bureau, Inc. (In Re Republic Reader's Service, Inc.)United States Bankruptcy Court, S.D. Texas · 1987
  3. Thomasson v. AmSouth Bank, N.A.District Court, N.D. Alabama · 1986
  4. Allen County Bank & Trust Co. v. Valvmatic International Corp.District Court, N.D. Indiana · 1985
  5. Zweygardt v. Colorado Nat. Bank of DenverUnited States Bankruptcy Court, D. Colorado · 1985

7 more not listed; retrieve them via the Exa API.

3Cited by82 opinions

  1. Searcy v. KnostmanDistrict Court, S.D. Mississippi · 1993
  2. ML Media Partners, LP v. Century/ML Cable Venture (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2002
  3. Renaissance Cosmetics, Inc. v. Development Specialists Inc.District Court, S.D. New York · 2002
  4. St. Vincent's Hospital v. Norrell (In Re Norrell)United States Bankruptcy Court, N.D. Alabama · 1996
  5. Schulman v. California State Water Resources Control Board (In Re Lazar)United States Bankruptcy Court, C.D. California · 1996

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