Legal Opinion
Gavin/Solmonese LLC v. Citadel Energy Partners, LLC. (In re Citadel Watford City Disposal Partners, L.P.)
United States Bankruptcy Court, D. Delaware
Decided May 2, 2019No. Case No. 15-11323 (KJC) (Jointly Administered); Adv. Proc. No. 17-50024 (KJC)PublishedCited by 6 opinions
1Opinion of the Court
BY: KEVIN J. CAREY, UNITED STATES BANKRUPTCY JUDGE
Before the Court is the Motion to Dismiss Derivative Claims of the Amended Complaint (the "Motion") filed by defendant Mark Dunaway ("Dunaway").3 Dunaway argues that the Liquidation Trustee does not have standing to assert the derivative fiduciary duty claims raised in the Amended Complaint. The Liquidation Trustee for the Citadel Creditors' Grantor *901Trust, successor to Citadel Watford City Disposal Partners, L.P., filed an objection to the Motion.4 For the reasons set forth below, the Motion will be granted.
BACKGROUND
The Debtors consist of…
2Cases cited16 opinions
- In Re Schering Plough Corp. Intron/Temodar Consumer Class ActionCourt of Appeals for the Third Circuit · 2012
- Krim M. Ballentine v. United StatesCourt of Appeals for the Third Circuit · 2007
- Sheila Gotha v. United StatesCourt of Appeals for the Third Circuit · 1997
- Elf Atochem North America, Inc. v. JaffariSupreme Court of Delaware · 1999
- Medtronic Ave, Inc. v. Advanced Cardiovascular Systems, Inc.Court of Appeals for the Third Circuit · 2001
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3Cited by6 opinions
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- John Michael Maier, as Trustee for the Dahl's v. ChatzUnited States Bankruptcy Court, S.D. Iowa · 2022
- Miller v. MottUnited States Bankruptcy Court, D. Delaware · 2023
- Purdue Pharma L.P.United States Bankruptcy Court, S.D. New York · 2024
- Quorum Health CorporationUnited States Bankruptcy Court, D. Delaware · 2023
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