Nuveen Municipal Trust Ex Rel. Nuveen High Yield Municipal Bond Fund v. WithumSmith Brown, P.C.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
AMBRO, Circuit Judge.
This case is on appeal to us for the second time. It arises from a loan transaction between Appellant Nuveen Municipal Trust (“Nuveen”), on behalf of its “Nu-veen High Yield Municipal Bond Fund,” and Bayonne Medical Center (“Bayonne”). In connection with the transaction, Bayonne provided Nuveen with an audit report authored by Bayonne’s accounting firm, Appellee WithumSmith + Brown, P.C. (‘Withum”), and an opinion letter authored by Bayonne’s counsel, Appellee Lindabury, McCormick, Estabrook & Cooper P.C. (“Lindabury”). Soon after the transaction,…
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