Legal Opinion
Togut v. Arthur Andersen & Co. (In Re Mid-Atlantic Fund, Inc.)
District Court, S.D. New York
Decided April 25, 1984No. Bankruptcy No. 81 B 10835 (PA), Adv. No. 83-5597APublishedCited by 2 opinions
1Opinion of the Court
EDWARD WEINFELD, District Judge.
This action is brought by the Trustee, Albert Togut (“Togut”), on behalf of the bankrupt, Mid-Atlantic Fund, Inc. (“Mid-Atlantic”), against the bankrupt’s former accountants, Arthur Andersen & Co. (“Andersen”), seeking damages allegedly caused by Andersen’s auditing of Mid-Atlantic’s financial statements in 1978 and 1979. Andersen moves to dismiss the complaint, which alleges counts in negligence and fraud, pursuant to Rules 9(b), 12(b)(1), and 12(b)(6), Fed.R.Civ.P. 1
Contrary to Andersen’s assertion, this Court has subject matter jurisdiction pursuant to 28…
2Cases cited16 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Hanna v. PlumerSupreme Court of the United States · 1965
- Walker v. Armco Steel Corp.Supreme Court of the United States · 1980
- White v. GuarenteNew York Court of Appeals · 1977
- Turoso v. Cleveland Municipal CourtSupreme Court of the United States · 1982
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3Cited by2 opinions
- Bankruptcy Services, Inc. v. Ernst & Young (In Re CBI Holding Co.)United States Bankruptcy Court, S.D. New York · 2000
- Sharp International Corp. v. KPMG LLP (In Re Sharp International Corp.)United States Bankruptcy Court, E.D. New York · 2002