Bluebird Partners, L.P. v. First Fidelity Bank, N.A.

Judgment, Supreme Court, New York County (Ira Gammerman, J.), entered July 21, 2003, which granted the motion of defendant First Fidelity Bank, N.A., New Jersey, to set aside the $54 million jury verdict and dismiss the complaint, unanimously reversed, on the law, without costs, the motion denied and the verdict reinstated. Appeal from order, same court and Justice, entered July 14, 2003, unanimously dismissed, without costs, as subsumed in the appeal from the judgment.

Plaintiff is a secured holder of debt certificates issued by Continental Airlines pursuant to a trust indenture under which…