Thursday, August 17, 2000
A New York federal judge Wednesday (8/16) dismissed a $2 billion breach-of-contract lawsuit filed by entertainment securitization bond creator the
Pullman Group against
Charles Koppelman's
CAK/
Universal Credit Corp.,
Prudential Securities and others.
In its complaint, the Pullman Group alleged that it and its former partner, business management firm
Rascoff/Zysblatt Organization, had sought a joint venture with Prudential in 1997, but that the defendants appropriated information to create a similar setup without Pullman's participation.