Weisfelner v. Blavatnik (In re Lyondell Chemical Co.)
United States Bankruptcy Court, S.D. New York
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
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
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