Legal Opinion

Weisfelner v. Blavatnik (In re Lyondell Chemical Co.)

United States Bankruptcy Court, S.D. New York

Decided January 4, 2016No. 09-10023 (REG) (Jointly Administered); Adversary Proceeding No. 09-1375 (REG)PublishedCited by 18 opinions

1Opinion of the Court

DECISION AND ORDER ON DEFENDANT BI S.Á.R.L.’S MOTION TO DISMISS COUNTS 14 AND 19 OF THE'COMPLAINT

ROBERT E. GERBER, UNITED STATES BANKRUPTCY JUDGE

In late December 2007, Basell AF S.C.A. (“Basell”), a Luxembourg entity controlled by Leonard Blavatnik (“Blavatnik”), acquired Lyondell Chemical Company (“Lyondell”), a Delaware corporation headquartered in Houston — forming a new company after a merger (the “Merger”), LyondellBasell Industries AF S.C.A. (as used by the parties, “LBI,” or here, the “Resulting Company”),1 Lyondell’s parent — by means of a leveraged buyout (“LBO”). The LBO was 100.%…

2Cases cited94 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  4. Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
  5. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002

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3Cited by18 opinions

  1. Fairfield Sentry Ltd. v. Theodoor GGC Amsterdam (In re Fairfield Sentry Ltd.)United States Bankruptcy Court, S.D. New York · 2018
  2. Spizz v. Goldfarb Seligman & Co. (In re Ampal-American Israel Corp.)United States Bankruptcy Court, S.D. New York · 2017
  3. Emerald Capital Advisors Corp. v. Aktiengesellschaft (In re FAH Liquidating Corp.)United States Bankruptcy Court, D. Delaware · 2017
  4. In re Aéropostale, Inc.United States Bankruptcy Court, S.D. New York · 2016
  5. Official Committee of Unsecured Creditors of Arcapita Bank B.S.S.(c) v. Bahrain Islamic Bank (In re Arcapita Bank B.C.C.(C))United States Bankruptcy Court, S.D. New York · 2017

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