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FTD CORP. v. BANKER'S TRUST CO.

No. 96 Civ. 0405 (SHS).

954 F.Supp. 106 (1997)

FTD CORPORATION, Plaintiff, v. BANKER'S TRUST COMPANY, BT Securities Corporation, Ted Virtue and Arthur Penn, Defendants.

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

February 13, 1997.

Attorney(s) appearing for the Case

Daniel H. Weiner, Hughes Hubbard & Reed, New York City, for plaintiff.

Mathias E. Mone, Cahill, Gorden & Reindel, New York City, for defendants.

ORDER

STEIN, District Judge:

FTD Corporation ("FTD Corp.") has brought this action alleging fraud, breach of contract, breach of fiduciary duty, and negligence. The suit arises from financing and investment banking agreements between plaintiff and defendants, which also affected the rights and interests of plaintiff's founding shareholders (the "Sponsors"), and plaintiff's wholly-owned subsidiary, FTD Incorporated ("FTD Inc."). Defendants have moved...

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