Torch Liquidating Trust Ex Rel. Bridge Associates L.L.C. v. Stockstill

KING, Circuit Judge:

Torch Liquidating Trust, through its trustee Bridge Associates L.L.C., brings this suit alleging breach of fiduciary duties by the officers and directors of Torch Offshore, Inc.; Torch Offshore, L.L.C.; and Torch Express, L.L.C. The district court dismissed plaintiffs amended complaint under Rule 12(b)(6) of the Federal Rules of Civil Procedure on the ground that the amended complaint’s allegations of injury to the creditors of Torch Offshore, Inc.; Torch Offshore, L.L.C.; and Torch Express, L.L.C. failed to state a claim on behalf of Torch Liquidating Trust and on the…