IN RE M. FABRIKANT & SONS, INC.

Bankruptcy No. 06-12737 (SMB). Adversary No. 07-2780.

447 B.R. 170 (2011)

In re M. FABRIKANT & SONS, INC., et al., Debtors. BUCHWALD CAPITAL ADVISORS LLC, as Trustee of the MFS GUC Trust, Plaintiff, v. JP Morgan Chase Bank, N.A., ABN Amro Bank N.V., Bank of America, N.A., HSBC Bank USA, National Association, Bank Leumi USA, Israel Discount Bank of New York, Antwerpse Diamantbank, N.V., Sovereign Precious Metals, LLC, and Sovereign Bank, Defendants.

United States Bankruptcy Court, S.D. New York.

January 25, 2011.


Attorney(s) appearing for the Case

Susman Godfrey LLP, Stephen D. Susman, Esq. , Arun Subramanian, Esq. , Jonathan J. Ross, Esq. , Robert Rivera, Jr., Esq. , of Counsel, New York, NY, for Plaintiff.

Hahn & Hessen LLP, Steven J. Mandelsberg, Esq. , of Counsel, New York, NY, for Defendant JP Morgan Chase Bank, N.A.

Cadwalader, Wickersham & Taft LLP, Gregory M. Petrick, Esq. , Ingrid Bagby, Esq. , of Counsel, New York, NY, for Defendant ABN Amro Bank N.V.

Reimer & Braunstein LLP, Paul S. Samson, Esq. , of Counsel, Boston, Massachusetts, for Defendant Bank of America, N.A.

Phillips Lytle LLP, William J. Brown, Esq. , of Counsel, New York, NY, for Defendant HSBC Bank USA.

Cullen and Dykman LLP, Matthew G. Roseman, Esq. , of Counsel, Garden City, NY, for Defendant Antwerpse Diamantbank, N.V.

Leclair Ryan, PC, Michael T. Conway, Esq. , of Counsel, New York, NY, for Defendants Sovereign Precious Metals, LLC and Sovereign Bank.

Herrick, Feinstein LLP, Andrew C. Gold, Esq. , of Counsel, New York, NY, for Defendant Bank Leumi USA.

Sheppard, Mullin, Richter & Hampton LLP, Russell L. Reid, Esq. , of Counsel, New York, NY, for Defendant Israel Discount Bank of New York.


MEMORANDUM DECISION AND ORDER REGARDING DEFENDANTS' MOTION TO DISMISS THE THIRD AMENDED COMPLAINT

STUART M. BERNSTEIN, Bankruptcy Judge.

The Court has previously entertained two motions to dismiss prior versions of the plaintiff's complaint. In Official Committee of Unsecured Creditors v. JP Morgan Chase Bank, N.A. (In re M. Fabrikant & Sons, Inc.), 394 B.R. 721 (Bankr. S.D.N.Y.2008) ("Fabrikant I"), the...

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