Publication Date: 2022-07-05
Practice Area: Bankruptcy
Industry: Chemicals and Materials | Energy | Manufacturing
Court: U.S. Bankruptcy Court
Judge: Judge Sontchi
Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; J. Christopher Shore, White & Case LLP, New York, NY for plaintiff.
for defendant: Robert J. Deheny, Curtis S. Miller, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Corey D. Berman, Weil, Gotshal & Manges LLP, Miami, FL; John J. Kuster, Sidley Austin LLP, New York, NY; Matthew McGuire, Landis Rath & Cobb LLP, Wilmington, DE; Jeffrey A. Rosenthal, Cleary Gottlieb Steen & Hamilton LLP, New York, NY for defendants.
Case Number: D69876
Court denied parties' cross-motions on fraudulent transfer and alter ego claims where there were genuine issues of material fact regarding whether transfers could fall under definition of fraudulent transfers and whether transfers were undertaken for legitimate purposes.