In Re WorldCom, Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION REGARDING DEBTORS’ MOTION FOR ENTRY OF ORDER APPROVING ENFORCEMENT OF AUTOMATIC STAY WITH RESPECT TO PROSECUTION OF DERIVATIVE ACTION BY RICHARD F. REYNOLDS
ARTHUR J. GONZALEZ, Bankruptcy Judge.
WorldCom, Inc. (“WorldCom”) and certain of its direct and indirect subsidiaries, as debtors and debtors in possession (collectively referred to as the “Debtors” herein at all times pre- and post-petition) seek to enforce the automatic stay 1 with respect to the prosecution of a derivative action by Richard F. Reynolds (the “Reynolds Action”).
I. Jurisdiction and Venue
The Court has…
2Cases cited13 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Malone v. BrincatSupreme Court of Delaware · 1998
- Grimes v. DonaldSupreme Court of Delaware · 1996
- In Re Tri-Star Pictures, Inc., LitigationSupreme Court of Delaware · 1993
- Moran v. Household International, Inc.Court of Chancery of Delaware · 1985
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3Cited by5 opinions
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2005
- Big Lots Stores, Inc. v. Bain Capital Fund VII, LLCCourt of Chancery of Delaware · 2006
- In re Sound View Elite Ltd.United States Bankruptcy Court, S.D. New York · 2017
- Zohar CDO 2003-1, Ltd. v. Patriarch Partners, LLCDistrict Court, S.D. New York · 2020
- Zohar CDO 2003-1, Ltd. v. Patriarch Partners, LLCDistrict Court, S.D. New York · 2021