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BT SECURITIES CORP. v. W.R. HUFF ASSET MANAGEMENT CO., L.L.C.

1021226.

891 So.2d 310 (2004)

BT SECURITIES CORPORATION et al. v. W.R. HUFF ASSET MANAGEMENT CO., L.L.C.

Supreme Court of Alabama.

April 16, 2004.

Attorney(s) appearing for the Case

Don B. Long, Jr., and Clark R. Hammond of Johnston Barton Proctor & Powell, LLP, Birmingham, for appellants BT Securities Corporation and Chase Manhattan Bank.

Jon E. Grenier of Adams & Reese/Lange Simpson, Birmingham, for appellant Salomon Brothers, Inc.

A. Inge Selden III and Jayna Partain Lamar of Maynard, Cooper & Gale, P.C., for appellant Arthur Andersen, LLP.

Terry L. Butts of Cervera, Ralph & Butts, Troy; and James W. Gewin, Matthew H. Lembke, and Dylan C. Black of Bradley Arant Rose & White, LLP, Birmingham, for appellant Deloitte & Touche, LLP.

James L. North and J. Timothy Francis of James L. North & Associates, Birmingham; and Clarence M. Small of Christian & Small, LLP, Birmingham (withdrawn 8/29/2003), for appellee.

SEE, Justice.

BT Securities Corporation, Chase Manhattan Bank, Salomon Brothers, Inc., Deloitte & Touche LLP, and Arthur Andersen LLP petitioned this Court for permission to appeal, pursuant to Rule 5, Ala. R.App. P., from the trial court's denial of their motion to dismiss an action pending against them. We granted permission to appeal, and we reverse the order denying their motion and render a judgment for them.

Facts and Procedural History<...

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