KPMG Peat Marwick, L.L.P. v. Estate of Nelco, Ltd.

MEMORANDUM OPINION

SPENCER, District Judge.

THIS MATTER is before the Court on a Motion for Leave to Appeal brought by Plaintiff KPMG PEAT MARWICK, L.L.P. (herein “KPMG”). For the reasons discussed below, the Motion is DENIED.

I. Background

This case arises from a multimillion dollar bank fraud scheme. Third-party and Phillip Morris employee Edward J. Rein-ers (herein “Reiners”) persuaded Defendant NELCO, LTD. (herein “Nelco”), a computer leasing firm which had leased computers to Phillip Morris in the past, to use proceeds from loans to “purchase” computers from a New York computer reseller…