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IN RE WEDTECH CORP.

Bankruptcy No. 86 B 1236 (HCB), Adv. Nos. 87-5342A, 87-5341A, Nos. 87 CIV 7139 (LBS), 87 CIV 7220 (LBS).

81 B.R. 240 (1987)

In re WEDTECH CORP., f/k/a Welbilt Electronics Die Corp., Debtor. WEDTECH CORP., f/k/a Welbilt Electronics Die Corp., Plaintiff, v. KMG MAIN HURDMAN, Defendant. WEDTECH CORP., f/k/a Welbilt Electronics Die Corp., Plaintiff, v. TOUCHE ROSS & CO., Defendant.

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

December 16, 1987.

Attorney(s) appearing for the Case

Pollner, Mezan, Stolzberg, Berger & Glass, P.C., New York City (Richard S. Mezan, John F. Lang, John H. Reichman, of counsel), for plaintiff Wedtech.

Angel & Frankel, New York City (Willkie Farr & Gallagher, Robert J. Kheel, of counsel), for defendant KMG Main Hurdman.

Richard I. Miller, Peat Marwick Main & Co., New York City (Shea & Gould, Leon P. Gold, of counsel), for defendant Touche Ross & Co.

Stroock & Stroock & Lavan, New York City (Brian M. Cogan, Roland Riopelle, William Rome, of counsel), for the Official Committee of Unsecured Creditors of Wedtech Corp.

OPINION

SAND, District Judge.

In this adversary proceeding by debtor in bankruptcy Wedtech Corp. against its former accountants, KMG Main Hurdman and Touche Ross & Co., defendant accounting firms have moved to dismiss. For the reasons set forth below, the motions to dismiss are denied without prejudice to motions after discovery.

As in Cenco Inc. v. Seidman & Seidman, 686 F.2d 449, 453 (7th Cir.),...

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