Legal Opinion
CEPA Consulting, Ltd. v. King Main Hurdman (In Re Wedtech Securities Litigation)
District Court, S.D. New York
Decided May 11, 1992No. Bankruptcy No. 86-B-12366 (HCB), Nos. 87 Civ. 7139 (LBS), 87 Civ. 7220 (LBS)PublishedCited by 25 opinions
1Opinion of the Court
SAND, District Judge.
This action is one piece of the complex litigation surrounding the activities of the now bankrupt Wedtech Corporation. Here, the trustee in bankruptcy, CEPA Consulting, has brought suit against Wedtech’s former accountants, KMG Main Hurdman and Peat Marwick Main & Co. (hereinafter “Main Hurdman”) and Touche Ross & Co. for various claims of malpractice.
In 1987, the defendants moved to dismiss the action, claiming that because the former top officers of Wedtech were involved in the conduct alleged in the complaints, their guilt was imputed to the company itself. Defendants…
2Cases cited19 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Foman v. DavisSupreme Court of the United States · 1962
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- Bank of Marin v. EnglandSupreme Court of the United States · 1966
- Shearson Lehman Hutton, Inc. v. Walter Wagoner, Jr., TrusteeCourt of Appeals for the Second Circuit · 1991
14 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Wight v. BankAmerica Corp.Court of Appeals for the Second Circuit · 2000
- Mediators, Inc. v. Manney (In re Mediators, Inc.)Court of Appeals for the Second Circuit · 1997
- Casey v. U.S. Bank National Ass'nCalifornia Court of Appeal · 2005
- Goldin v. Primavera Familienstiftung, Tag Associates, Ltd. (In Re Granite Partners, L.P.)United States Bankruptcy Court, S.D. New York · 1996
- Adelphia Communications Corp. v. Bank of America, N.A. (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2007
20 more not listed; retrieve them via the Exa API.