Legal Opinion
Paine Webber Real Estate Securities, Inc. v. D.G. Meyer & Co.
District Court, S.D. New York
Decided April 12, 1993No. 92 Civ. 32 (KMW)PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
KIMBA M. WOOD, District Judge.
Defendants move to dismiss, or in the alternative for summary judgment, in this action arising out of a May 1985 overpayment by plaintiffs’ clearing agent to defendant. Because the statute of limitations has run on any meritorious action arising out of that event, I grant defendants’ motion for summary judgment and dismiss the complaint.
BACKGROUND 1
On May 22, 1985, D.G. Meyer & Co., Inc. (“DG Meyer”) sold to Paine Webber Real Estate Securities (“PWRES”) a Federal Home Loan Mortgage Corporation bond for an agreed upon price of…
2Cases cited10 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Brady v. Town of ColchesterCourt of Appeals for the Second Circuit · 1988
- Citizens Bank of Clearwater v. Warren W. Hunt, Edward E. Hunt, and Sylvia C. Hunt, Edward E. Hunt and Sylvia C. HuntCourt of Appeals for the Second Circuit · 1991
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3Cited by3 opinions
- Elliott v. Qwest Communications Corp.Appellate Division of the Supreme Court of the State of New York · 2006
- PaineWebber Real Estate Securities, Inc. v. D.G. Meyer & Co.Court of Appeals for the Second Circuit · 1993
- Painewebber Real Estate Securities, Inc. v. D.G. Meyer & Co. And Donald G. MeyerCourt of Appeals for the Second Circuit · 1993