Baeshen v. Arcapita Bank B.S.C.(c) (In re Arcapita Bank B.S.C.(c))
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
*18Chapter 11
MEMORANDUM OF DECISION
SEAN H. LANE, UNITED STATES BANKRUPTCY JUDGE
Before the Court is a motion (the “Motion”) by the above-referenced reorganized debtors (the “Debtors” or “Arcapita”), seeking to dismiss the Plaintiffs’ complaint (the “Complaint”) in the above-captioned adversary proceeding. The Complaint alleges that certain funds in the possession of the Debtors are not property of the estate, but rather belong to the Plaintiffs. The Debtors allege that the Plaintiffs’ Complaint is precluded under the doctrine of res judicata because the classification and treatment of the…
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