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GREDE v. BANK OF NEW YORK MELLON

No. 09 C 1919.

409 B.R. 467 (2009)

Frederick J. GREDE, not individually but as Liquidation Trustee of the Sentinel Liquidation Trust, Assignee of certain claims, Plaintiff, v. The BANK OF NEW YORK MELLON and the Bank of New York Mellon Corp., Defendants.

United States District Court, N.D. Illinois, Eastern Division.

July 28, 2009.

Attorney(s) appearing for the Case

Chris C. Gair, James Kevin McCall, Jeffrey Scott Eberhard, John F. Kinney, Vincent E. Lazar, Robert Jack Blazejowski, Jenner & Block, Chicago, IL, for Plaintiff.

Hector Gonzalez, Matthew D. Ingber, Mayer Brown LLP, New York, NY, Sean T. Scott, Mayer Brown LLP, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

JAMES B. ZAGEL, District Judge.

I. BACKGROUND

Plaintiff, Liquidation Trustee as Assignee of certain creditor claims, brings this action against Defendants alleging that they aided and abetted debtor investment manager's breach of fiduciary duty to its customers, aided and abetted debtor's fraud, and acted negligently toward debtor's customers. Defendants now move to dismiss the complaint for lack of standing...

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