Legal Opinion
In Re Fiddler's Woods Bondholders Litigation
District Court, E.D. Pennsylvania
Decided September 28, 1984No. Civ. A. 83-2340PublishedCited by 3 opinions
1Opinion of the Court
OPINION
LUONGO, Chief Judge.
This class action litigation arose from the default on $33.1 million in bonds issued to finance the construction of Fiddler’s Woods, a life-care facility for elderly Jewish residents of the Philadelphia area. Plaintiffs, bondholders of Fiddler’s Woods, have alleged that various participants 1 in the project violated the federal securities laws and the common law of Pennsylvania.
Defendants Blyth Eastman Paine Webber, Inc. and Herbert J. Sims & Co., Inc., lead underwriters of the bond issue, subsequently filed a third-party complaint against The Fidelity Bank, the…
2Cases cited7 opinions
- Curtiss-Wright Corp. v. General Electric Co.Supreme Court of the United States · 1980
- Sears, Roebuck & Co. v. MacKeySupreme Court of the United States · 1956
- Texas Industries, Inc. v. Radcliff Materials, Inc.Supreme Court of the United States · 1981
- Nicola Panichella v. Pennsylvania Railroad Company, (Warner Brothers Pictures, Inc., a Corporation)Court of Appeals for the Third Circuit · 1958
- Tesch v. United StatesDistrict Court, E.D. Pennsylvania · 1982
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3Cited by3 opinions
- Geier v. Hamer Enterprises, Inc.Appellate Court of Illinois · 1992
- Continental Bank v. CatonDistrict Court, D. Kansas · 1991
- Tenorio v. CamachoNorthern Mariana Islands Commonwealth Trial Court · 1987