Legal Opinion
Note Holders, Deutsche Bank Trust Co. Americas v. Large Private Beneficial Owners
Court of Appeals for the Second Circuit
Decided March 29, 2016No. Docket Nos. 13-3992-cv, 13-3875-cv, 13-4178-cv, 13-4196-cvPublishedCited by 27 opinions
1Opinion of the Court
WINTER, Circuit Judge:
Representatives of certain unsecured creditors of the Chapter 11 debtor Tribune Company appeal from Judge Sullivan’s grant of a motion to dismiss their state law, constructive fraudulent conveyance claims brought against Tribune’s former shareholders. .Appellants seek to recover an amount sufficient to. satisfy Tribune’s debts to them by avoiding (recovering) payments by Tribune to shareholders that purchased all of its stock. The payments occurred in a transaction commonly called a leveraged buyout (“LBO”),1 soon after which Tribune went into Chapter 11 bankruptcy.…
2Cases cited65 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Cipollone v. Liggett Group, Inc.Supreme Court of the United States · 1992
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Kelly v. RobinsonSupreme Court of the United States · 1986
- Arizona v. United StatesSupreme Court of the United States · 2012
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3Cited by27 opinions
- Fairfield Sentry Ltd. v. Theodoor GGC Amsterdam (In re Fairfield Sentry Ltd.)United States Bankruptcy Court, S.D. New York · 2018
- New York Pet Welfare Association, Inc. v. New York CityCourt of Appeals for the Second Circuit · 2017
- Doubleline Capital LP v. Odebrecht Fin., Ltd.District Court, S.D. Illinois · 2018
- Friends of the East Hampton Airport, Inc. v. Town of East HamptonCourt of Appeals for the Second Circuit · 2016
- Gierum v. Glick (In re Glick)United States Bankruptcy Court, N.D. Illinois · 2017
22 more not listed; retrieve them via the Exa API.