Legal Opinion

HHI FormTech, LLC v. Magna Powertrain USA, Inc. (In Re FormTech Industries, LLC)

United States Bankruptcy Court, D. Delaware

Decided November 17, 2010No. 19-50097PublishedCited by 10 opinions

1Opinion of the Court

MEMORANDUM OPINION 1

MARY F. WALRATH, Bankruptcy Judge.

Before the Court are the parties’ cross motions for summary judgment. The Plaintiff, HHI FormTech, LLC (“HHI”), moves for summary judgment on its Complaint, seeking a declaration that it acquired accounts receivable due from Mag-na free and clear of setoff or recoupment for damages arising from the Debtors’ rejection of Magna’s contracts. The Defendants, Magna Powertrain USA, Inc. and Magna Powertrain, Inc. (collectively, “Magna”), move for summary judgment dismissing the Complaint for lack of subject matter jurisdiction. For the reasons…

2Cases cited31 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
  5. Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940

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3Cited by10 opinions

  1. Denunzio v. Ivy Holdings, Inc. (In re E. Orange Gen. Hosp., Inc.)District Court, D. New Jersey · 2018
  2. Point Blank Solutions, Inc. v. Robbins Geller Rudman & Dowd LLP (In Re Point Blank Solutions, Inc.)United States Bankruptcy Court, D. Delaware · 2011
  3. Smith v. Hilton (In re Swan Transp. Co.)United States Bankruptcy Court, D. Delaware · 2018
  4. Velde v. Border State Bank (In re Hovdebray Enterprises)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2012
  5. David G. Velde v. Border State BankUnited States Bankruptcy Appellate Panel for the Eighth Circuit · 2012

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