Dale v. Ala Acquisitions I, Inc.

MEMORANDUM OPINION AND ORDER

TOM S. LEE, Chief Judge.

This cause is before the court on the motion of plaintiffs for judgment on the pleadings with respect to the eleventh and eighteenth affirmative defenses pled by defendant Dreyfus Service Corporation (Dreyfus). Dreyfus has responded in opposition to the motion and the court, having considered the memoranda of authorities submitted by the parties, concludes that the motion should be granted.

As characterized by plaintiffs, this case arises out of a scheme masterminded by Martin Frankel to “loot” more than $200 million from seven insurance…