Publication Date: 2020-04-29
Practice Area: Bankruptcy
Industry: Investments and Investment Advisory
Court: U.S. Bankruptcy Court
Judge: Judge Sontchi
Attorneys: For plaintiff: Jeremy W. Ryan and R. Stephen McNeill, Potter Anderson & Corroon LLP, Wilmington, DE for the equity group. Christopher S. Simon and Kevin S. Mann, Cross & Simon, Wilmington, DE; Michael S. Etkin, Lowenstein Sandler LLP, Roseland, NJ for lead plaintiff.
for defendant: Laura Davis Jones, Alan J. Kornfeld, James E. O’Neill and Elissa A. Wagner, Pachulski Stang Ziehl & Jones LLP, Wilmington, DE for SS Body Armor I, Inc. Frederick B. Rosner, Scott J. Leonhardt and Jason A. Gibson, The Rosner Law Group LLC, Wil-mington, DE; Robert M. Hirsh and Beth M. Brownstein, Arent Fox LLP, New York, NY for the recovery trust.
Case Number: D68964
The bankruptcy court had the power to aggregate remission payments realized by any of the parties and to redistribute them in accordance with the bankruptcy plan.