HQ Global Workplaces, Inc. v. Bank of Nova Scotia (In Re HQ Global Holdings, Inc.)

OPINION 1

MARY F. WALRATH, Bankruptcy Judge.

This matter is before the Court on the Motion of the Bank of Nova Scotia (“Sco-tia”) to Dismiss or in the Alternative to Abstain from Hearing Count I and to Stay Hearing Count II of the Complaint filed in the above adversary proceeding. Both Plaintiffs have opposed the Motion. For the reasons set forth below, we deny the Motion.

I. FACTUAL BACKGROUND

HQ Global Holdings, Inc., and several of its affiliates (“the Debtors”) filed voluntary petitions under chapter 11 of the Bankruptcy Code on March 13, 2002 (“the Petition Date”). Prior to the Petition…