Holland v. Cho (In Re John Dawson & Associates, Inc.)

MEMORANDUM OPINION

JOHN D. SCHWARTZ, Bankruptcy Judge.

This matter comes before the court on the motion of defendant Usha Nuthi (“Nu-thi”) to dismiss the complaint on the grounds that it fails to state a claim against her. J. William Holland (“Trustee”), trustee for the liquidation of the business of John Dawson & Associates, Inc. (“Debtor”) alleges that Nuthi acted in collusion with the other defendants in then-breaches of fiduciary duty and that she participated in and induced the breaches of fiduciary duty by permitting and accepting transactions between her customer account and the Debtor’s…