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AMERICAN TISSUE, INC. v. DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.

No. 03 Civ. 6913(GEL).

351 F.Supp.2d 79 (2004)

AMERICAN TISSUE, INC., a Chapter 11 bankruptcy debtor-in-possession, Plaintiff, v. DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION; DLJ Merchant Banking Partners, II, L.P.; DLJMB Funding II, Inc.; DLJ Merchant Banking Partners II-A, L.P.; DLJ First ESC L.P.; DLJ Offshore Partners II, C.V. DLJ EAB Partners, L.P.; DLJ ESC II L.P.; DLJ Diversified Partners, L.P.; DLJ Diversified Partners-A, L.P.; DLJ Millennium Partners, L.P.; DLJ Millennium Partners-A, L.P.; and Andrew Rush, Defendants.

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

August 10, 2004.

Attorney(s) appearing for the Case

Charles H. Lichtman, Berger Singerman, Fort Lauderdale, FL (Jeffrey Schreiber, Meister Seelig & Fein LLP, New York City, on the brief), for Plaintiff.

Bradley J. Butwin, O'Melveny & Myers LLP, New York City (Robert White, Michael C. Keats, on the brief), for Defendants.

OPINION AND ORDER

LYNCH, District Judge.

American Tissue, Inc. ("ATI"), a Chapter 11 bankruptcy debtor-in-possession, brings this action against its former investment bank and financial consultant Donaldson, Lufkin & Jenrette Securities Corporation ("DLJ") and several affiliates, alleging various causes of action for fraud, breach of contract and fiduciary duty, and malpractice.1 DLJ moves to dismiss for failure to state...

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