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HIRSCH v. ARTHUR ANDERSEN & CO.

No. 3:93-CV-1207 (JAC).

178 B.R. 40 (1994)

Hal M. HIRSCH, as Trustee of the Consolidated Estate of Colonial Realty Company, Jonathan Googel and Benjamin Sisti, Debtors, v. ARTHUR ANDERSEN & CO., Sorokin, Sorokin, Gross Hyde & Williams, P.C., Tarlow, Levy & Droney, P.C. and Weinstein, Schwartz & Pinkus.

United States District Court, D. Connecticut.

June 10, 1994.

Attorney(s) appearing for the Case

Hal M. Hirsch, Howard P. Magaliff, Gainsburg & Hirsch, Purchase, NY, Jerome M. Congress, Melvyn I. Weiss, Milberg, Weiss, Bershad, Hynes & Lerach, New York City, for plaintiff.

John F. Conway, Shaun S. Sullivan, William H. Prout, Jr., Robert Tilewick, Thomas L. Casagrande, Wiggin & Dana, New Haven, CT, for defendant Arthur Andersen & Co.

Neil W. Silberblatt, Jones, Hirsch, Connors & Bull, New York City, Peter Pericles Orphanos, Serchuk & Zelermyer, White Plains, NY, Stephen R. Steinberg, Steven A. Coploff, Serchuk & Zelermyer, Stamford, CT, for defendant Tarlow, Levy & Droney, P.C.

Robert T. Gill, Vincent Amoroso, Parker, Coulter, Daley & White, Boston, MA, for defendant Sorokin, Sorokin, Gross, Hyde & Williams, P.C.

Andrew S. Turret, Bai, Pollock & Dunnigan, Bridgeport, CT, for defendant Weinstein, Schwartz & Pinkus.

RULING ON MOTIONS TO DISMISS

JOSÉ A. CABRANES, Chief Judge:

This litigation arises out of the sale of limited partnership interests in various real estate properties by Colonial Realty Company ("Colonial") and its general partners, Jonathan Googel, Benjamin Sisti, and Frank Shuch (collectively, "the debtors"), during the 1980's. In this action, the trustee for the consolidated estate of Colonial, Googel and Sisti has asserted claims against the...

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