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IN RE TRINSUM GROUP, INC.

Bankruptcy No. 08 B 12547 (AJG). Adversary No. 11-01284 (AJG).

466 B.R. 596 (2012)

In re TRINSUM GROUP, INC., f/k/a Marakon Associates, Inc., and Integrated Finance Limited, LLC Debtors. Marianne T. O'Toole, as Distributing Agent for the Estates of Trinsum Group, Inc., and Integrated Finance Limited, LLC, Plaintiffs, v. James McTaggart, Brian Burwell, Ronald Langford, Kenneth Favaro, Jose Luis Daza, David Deming, Neal Kissel, Mason Kissell, Roberto Mendoza, Robert Merton, and Eugene Shanks, Jr., Defendants.

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

January 20, 2012.

Attorney(s) appearing for the Case

Douglas S. Skalka , Kevin M. Godbout , Simon I. Allentuch , Neubert Pepe & Monteith P.C., New Haven, CT, for Plaintiffs.

Paul A. Rachmuth , Gersten Savage LLP, John G. Hutchinson , Lee Stein Attanasio , Sidley Austin LLP, Brianne Huebner , Jeffrey S. Davis , Rosen & Associates, P.C., Robert D. Raicht , Scott A. Ziluck , Halperin Battaglia Raicht, LLP, Michael E. Wiles , Stephanie S. Brannen , Debevoise & Plimpton LLP, New York, NY, for Defendants.

OPINION CONCERNING MOTIONS TO DISMISS AMENDED COMPLAINT

ARTHUR J. GONZALEZ, Chief Judge.

Before the Court are various motions to dismiss certain counts of an amended complaint filed in this adversary proceeding against directors of a Delaware corporation. The relevant counts relate to the transfer of certain corporate assets, and seek to hold the directors liable for monetary damages for alleged breaches of fiduciary...

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