Reliance Electric Co. v. Exxon Capital Corp.

OPINION AND ORDER

KOELTL, District Judge:

The plaintiffs move for leave to file a demand for trial by jury' pursuant to Fed. R.Civ.P. 39(b) and 81(c). The defendants oppose the plaintiffs’ motion as untimely. For the reasons set forth below, the plaintiffs’ motion is granted.

I

This dispute arises out of the purchase of certain stock by plaintiffs Reliance Electric Company and Reliance Electric Industrial Company (collectively, “Reliance”) from defendants Exxon Capital Corporation and Exxon Corporation (collectively, “Exxon”). Reliance alleges that under the purchase agreement Exxon assumed…