Antioch Co. Litigation Trust v. Morgan (In Re Antioch Co.)

Recommendations for the United States District Court for the Southern District of Ohio to Deny in Part and Grant in Part Various Defendants’ Motions to Dismiss Certain Non-Core Causes of Action

GUY R. HUMPHREY, Bankruptcy Judge.

TABLE OF CONTENTS

I. Introduction.809

II. Procedural Background.810

III. Factual Background. ]-L

A. The Defendants. ]-L

B. The 2003 Transaction.

C. Events Following the 2003 Transaction

D. The Levimo Transaction. J-l

E. Sale Considerations . J-I.

F. The First Sale Proposal and the Replacement of Antioch’s Board 1-L

G. Defaults under the ESOP Notes . ]-L

H. The Second Sale…