HHI FormTech, LLC v. Magna Powertrain USA, Inc. (In Re FormTech Industries, LLC)
United States Bankruptcy Court, D. Delaware
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
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
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- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
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