Bluebird Partners, L.P. v. First Fidelity Bank, N.A.
Court of Appeals for the Second Circuit
1Opinion of the Court
FEINBERG, Circuit Judge:
Plaintiff Bluebird Partners, L.P. (Bluebird) appeals from an order of the United States District Court for the Southern District of New York, Michael B. Mukasey, J., dismissing, pursuant to Fed.R.Civ.P. 12(b)(1), its action against defendants under the Trust Indenture Act, 15 U.S.C. § 77aaa et seq. (frequently referred to hereafter as the Act). The district court held that Bluebird lacked standing because a bondholder’s claim under the Act against an indenture trustee is not automatically assigned to a subsequent purchaser of the bond — here Bluebird — as a matter of…
2Cases cited14 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- FW/PBS, Inc. v. City of DallasSupreme Court of the United States · 1990
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Huddleston v. Herman & MacLeanCourt of Appeals for the Fifth Circuit · 1981
- Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972
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- Contrarian Funds LLC v. Aretex LLC (In Re Westpoint Stevens, Inc.)Court of Appeals for the Second Circuit · 2010
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