BLUEBIRD PARTNERS v. FIRST FIDELITY BANK, N.A.

Nos. 1122, 1123, Dockets 95-7891, 95-7893.

85 F.3d 970 (1996)

BLUEBIRD PARTNERS, L.P., Plaintiff-Appellant, v. FIRST FIDELITY BANK, N.A. NEW JERSEY; Midlantic National Bank; Riker, Danzig, Scherer, Hyland & Perretti; Crummy, Del Deo, Dolan, Griffinger & Vecchione, P.C.; United Jersey Bank; NationsBank of Tennessee; Constellation Bank, N.A.; CoreStates New Jersey National Bank; Wolff & Samson, P.A.; Kelley Drye & Warren; Wilentz, Goldman & Spitzer, P.C., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided June 4, 1996.


Attorney(s) appearing for the Case

David M. Friedman, New York City (Kasowitz, Hoff, Benson, Torres & Friedman, L.L.P., Martin P. Russo, of counsel), for Plaintiff-Appellant.

Edward J. Yodowitz, New York City (Skadden, Arps, Slate, Meagher & Flom, of counsel), for Defendant-Appellee Midlantic Bank.

Robert Baron, New York City (Cravath, Swaine & Moore, Rory O. Millson, of counsel), for Defendant-Appellee Riker, Danzig, Scherer, Hyland & Perretti.

LeBoeuf, Lamb, Greene & MacRae, LLP, New York City (Lawrence E. Miller, of counsel), for Defendant-Appellee First Fidelity Bank, N.A.

Battle Fowler, LLP, New York City (Michael J. Malone, Steven B. Carlin, Paul A. Straus, of counsel), for Defendant-Appellee Crummy, Del Deo, Dolan, Griffinger & Vecchione, P.C.

Shereff, Friedman, Hoffman & Goodman, LLP, New York City (Andrew J. Levander, of counsel), for Defendant-Appellee Wolff & Samson, P.A.

Kaye, Scholer, Fierman, Hays & Handler, New York City (Lester M. Kirschenbaum, of counsel), for Defendant-Appellee United Jersey Bank.

Wachtell, Lipton, Rosen & Katz, New York City (Marc Wolinsky, of counsel), for Defendant-Appellee NationsBank of Tennessee.

Kelley, Drye & Warren, New York City, pro se (Steven P. Caley, of counsel).

Windels, Marx, Davies & Ives, New York City (Craig Murphy, of counsel), for Defendants-Appellees Constellation Bank, N.A. and CoreStates New Jersey National Bank.

Wilson, Elser, Moskowitz, Edelman & Dicker, New York City (Thomas W. Hyland, of counsel), for Defendant-Appellee Wilentz, Goldman & Spitzer, P.C.

Before: FEINBERG, WALKER and PARKER, Circuit Judges.


FEINBERG, Circuit Judge:

Plaintiff Bluebird Partners, L.P. (Bluebird) appeals from an order of the United States District Court for the Southern District of New York, Michael B. Mukasey, J., dismissing, pursuant to Fed.R.Civ.P. 12(b)(1), its action against defendants under the Trust Indenture Act, 15 U.S.C. § 77aaa et seq. (frequently referred to hereafter as the Act). The district court held that Bluebird lacked standing because a bondholder's claim under the...

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