Broadcort Capital Corp. v. Dutcher
District Court, S.D. New York
1Opinion of the Court
Opinion & Order
SCHWARTZ, District Judge:
BACKGROUND
Broadcort Capital Corp. (“Broadcort”) is a clearing broker and cleared the accounts of Allied Capital Corp. (“Allied”), a stock brokerage firm. 1 James P. Dutcher (“Dutcher”) purchased securities from Allied. Broadcort claims that Dutcher never paid for the securities. See Plaintiffs Sur-Reply Mem. (Dec. 29, 1993) at 1. As a result, on June 29, 1993 Broadcort commenced this action against Dutcher to recover the sum of $90,000.
After obtaining from the court extensions of time to file an answer to Broadeort’s complaint, Dutcher, on November 11,…
2Cases cited11 opinions
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Julie Cotton, Plaintiff-Appellee-Cross-Appellant v. William Slone, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1993
- Bowers v. Transportacion Maritima Mexicana, S.A.Court of Appeals for the Second Circuit · 1990
- William Cary Downing v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 1984
- Dillon v. MilitanoDistrict Court, S.D. New York · 1990
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