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Lipscomb v. Clairvest Equity Partners Ltd. Pship (In re LMI Legacy Holdings Inc.)

Lipscomb v. Clairvest Equity Partners Ltd. Pship (In re LMI Legacy Holdings Inc.)

Ruling
Severance and transfer of a claim against an investment banker of a bankruptcy debtor for aiding and abetting breaches of fiduciary duty by the debtor's officers denied.
Issue(s)
Should claims brought by trustee on behalf of the estate for breach of contract and aiding and abetting breaches of fiduciary duty be severed and transferred to another district?

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Commercial opinion summary, case decided on June 03, 2016 , LexisNexis #0616-133