Opinion
No. 180, Docket 25331.
Argued March 3, 1959.
Decided April 28, 1959.
David M. Palley, New York City (Nathan B. Kogan and Louis Boehm, New York City, on the brief), for plaintiff-appellant.
John D. Calhoun, New York City (Cravath, Swaine Moore and John F. Hunt, Jr., New York City, on the brief), for defendant-appellee.
We affirm on the opinion of Judge Bryan, reported at 164 F. Supp. 367. In addition to the estoppel of the former judgment we find that the basic point now argued as to whether the source of appellant's claim is derivative or direct, was determined in the appeal to this Court from the adverse judgment in the prior action. Rieser v. Baltimore Ohio R. Co., 2 Cir., 1955, 228 F.2d 563. Thus appellant is bound not only by a direct but also by a collateral estoppel.
Affirmed.