Legal Opinion
Baker v. Power Securities Corp.
District Court, W.D. New York
Decided December 11, 1996No. 89-CV-231LPublishedCited by 1 opinion
1Opinion of the Court
DECISION AND ORDER
LARIMER, Chief Judge.
BACKGROUND
This class action was originally commenced by petitioners against Power Securities Corporation (“Power”) and other defendants to recover monetary losses sustained by petitioners as a result of alleged securities fraud. On March 20, 1992, a $25 million judgment was entered in favor of petitioners against Power, which had ceased operations in 1989. Plaintiffs thereafter commenced this “turnover” proceeding against RAF Financial Corporation (“RAF” or “respondent”) pursuant to Fed.R.Civ.P. 69(a) and N.Y.C.P.L.R. §§ 5225(b) and 5227, which together…
2Cases cited6 opinions
- HBE Leasing Corp. v. FrankCourt of Appeals for the Second Circuit · 1995
- Atlanta Shipping Corporation, Inc. v. Chemical BankCourt of Appeals for the Second Circuit · 1987
- MFS/Sun Life Trust-High Yield Series v. Van Dusen Airport Services. Co.District Court, S.D. New York · 1995
- UNITED STATES v. McCOMBSCourt of Appeals for the Second Circuit · 1994
- Gelbard v. EssesAppellate Division of the Supreme Court of the State of New York · 1983
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Wallach v. Simcoe (In re Lorenzo)United States Bankruptcy Court, W.D. New York · 2006