Chatz v. Continental Casualty Co. (In re CFB Liquidating Corp.)

MEMORANDUM DECISION ON CONTINENTAL CASUALTY COMPANY’S MOTION FOR PARTIAL SUMMARY JUDGMENT

Roger L. Efremsky, U.S. Bankruptcy Judge

I. Introduction

On March 9, 2016, Barry Chatz, as trustee for the CFB/WFB Liquidating Trust *502(the “Trustee” and the “Trust”), filed his First Amended Complaint against Continental Casualty Company (“Continental”). The First Amended Complaint seeks damages for breach of contract and declaratory relief regarding the interpretation of the Joint Chapter 11 Plan of debtors CFB Liquidating Corporation and WFB Liquidating Corporation (the “Plan” and “Debtors”). Continental…