Legal Opinion
LNC Investments, Inc. v. First Fidelity Bank, National Ass'n
District Court, S.D. New York
Decided August 1, 1996No. 92 Civ. 7584 (MBM)PublishedCited by 48 opinions
1Opinion of the Court
OPINION AND ORDER
MUKASEY, District Judge.
Plaintiffs LNC Investments, Inc. and Charter National Life Insurance Company invested in an equipment trust (the “Trust”) established by defendant First Fidelity with Eastern Airlines in 1986. Plaintiffs have sued several trustees for violation of the Trust Indenture Act’s (“TIA”) prudent person requirement, breach of the Indenture’s prudent person requirement, and breach of fiduciary duties under the Indenture and New York common law. Plaintiffs have sued also the law firms Riker, Danzig, Scherer, Hyland & Perretti (“Riker, Danzig”), and Clapp &…
2Cases cited49 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
- Cort v. AshSupreme Court of the United States · 1975
- Textile Workers v. Lincoln Mills of Ala.Supreme Court of the United States · 1957
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
44 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Ellington Credit Fund, Ltd. v. Select Portfolio Servicing, Inc.District Court, S.D. New York · 2011
- Picard v. JPMorgan Chase & Co. (In Re Bernard L. Madoff Investment Securities LLC)Court of Appeals for the Second Circuit · 2013
- AG Capital Funding Partners, L.P. v. State Street Bank & Trust Co.New York Court of Appeals · 2008
- Eaves v. Designs for Finance, Inc.District Court, S.D. New York · 2011
- LNC Investments, Inc. v. First Fidelity Bank, N.A. New JerseyCourt of Appeals for the Second Circuit · 1999
43 more not listed; retrieve them via the Exa API.