IN RE PROPEX INC.

Bankruptcy No. 08-10249. Adversary No. 08-1136.

415 B.R. 321 (2009)

In re PROPEX INC., et al., Debtor. The Official Committee of Unsecured Creditors of Propex Inc. et al., Plaintiff v. BNP Paribas, Defendant.

United States Bankruptcy Court, E.D. Tennessee.

March 5, 2009.


Attorney(s) appearing for the Case

Ira S. Dizengoff, Akin Gump Strauss Hauer & Feld LLP, New York, NY, for Plaintiff.

Gene L. Humphreys, Bass, Berry & Sims PLC, Nashville, TN, for Defendant.


MEMORANDUM

JOHN C. COOK, Bankruptcy Judge.

This adversary proceeding is before the court on the defendant's motion to dismiss Counts I, III, IV, V, and VI of the plaintiff's complaint. The court has reviewed the motion and the supporting and responsive briefs and, for the reasons stated below, will grant the motion in part and deny it in part.

I.

When presented with a motion to dismiss for failure to state a claim upon which relief...

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