Rexnord Holdings, Inc. v. Maurice Bidermann
Court of Appeals for the Second Circuit
1Opinion of the Court
MINER, Circuit Judge:
Defendant-appellant Maurice Bidermann appeals from a money judgment entered in the United States District Court for the Southern District of New York (Patterson, J.) in favor of plaintiff-appellee Rexnord Holdings, Inc. (“RHI”) in the amount of $12,989,312.64, the district court having found that Bidermann was in breach of his obligations under a Settlement Agreement and a Stock Purchase Agreement (“Agreements”) dated November 25, 1991. The Agreements represented the resolution of a contract action brought by RHI against Bidermann. The breach occurred when Bidermann…
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