Perelman v. Perelman

MEMORANDUM

McLAUGHLIN, District Judge.

This action arises out of a series of financial transactions made twenty years ago between a father and a son. Disputes between the two family members and others have now arisen over whether the transactions, which involved the son’s acquisition of several companies from his father and the subsequent formation of a trust to benefit the son’s daughter, conform to the parties’ agreement at the time.

Two related lawsuits have been filed: the above-captioned action in this Court and an action in Pennsylvania state court, both commenced on the same day. In the…