In Re Global Crossing Ltd.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION ON MOTION FOR AUTHORITY TO AMEND PURCHASE AGREEMENT, FOR AUTHORITY TO GRANT RELEASES, AND FOR EXTENSION OF EXCLUSIVITY 1
ROBERT E. GERBER, Bankruptcy Judge.
In this contested matter in a case under chapter 11 of the Bankruptcy Code (the “Code”), in which a reorganization plan (“Plan”) has been confirmed but has not become effective, Global Crossing Limited and its subsidiaries (together, the “Debtors” or “Global Crossing”) move, pursuant to sections 363(b) and 1121 of the Code, respectively, for relief of three types.
First and most importantly, they seek an order authorizing them to…
2Cases cited14 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
- In Re Stn EnterprisesCourt of Appeals for the Second Circuit · 1985
- Official Committee of Subordinated Bondholders v. Integrated Resources, Inc. (In Re Integrated Resources, Inc.)District Court, S.D. New York · 1992
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