Miami Center Ltd. Partnership v. Bank of New York

concluding that “an appeal is not moot if the court can still order some effective relief” | noting that the “mootness standard ... is widely accepted in case law....” | findings and conclusions of bankruptcy court could have bound state court under res judicata if there had been identity of thing sued for in two actions | appellants sought, among other things, the reinstatement of an action against the Bank of New York (“BNY” | case moot, as it had become "legally and practically impossible to unwind the confirmation of the plan or otherwise to restore the status quo” before confirmation | local law determined apportionment of damages, but federal law determined correction of verdict from several to joint liability | parties to a joint venture would be liable jointly and severally as joint tortfeasors where tort allegedly committed by co-venturer | parties to a joint venture would be liable jointly and severally as joint tortfeasors where tort allegedly committed by co-venturer | local law determined apportionment of damages, but federal law determined correction of verdict from several to joint liability | case moot, as it had become “legally and practically impossible to unwind the confirmation of the plan or otherwise to restore the status quo” before confirmation