Legal Opinion
EPLG I, LLC Ex Rel. QR Liquidating Trust v. Citibank, National Ass'n (In Re Qimonda Richmond, LLC)
United States Bankruptcy Court, D. Delaware
Decided March 26, 2012No. 19-10538PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court is the Motion of Citibank National Association (“Citibank”) to Dismiss the Trustee’s Complaint for failure to state a claim for relief. For the reasons set forth below, the Court will deny the Motion.
I. BACKGROUND
Qimonda North America Corp. and Qim-onda Richmond, LLC, (collectively “the Debtors”) are U.S. subsidiaries of an international company, Qimonda AG, that designs, develops, manufactures, and sells memory chip modules.
In January 2000, a predecessor of the Debtors borrowed $33,688,000 through the issuance of…
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- Pennsylvania ex rel. Zimmerman v. Pepsico, Inc.Court of Appeals for the Third Circuit · 1988
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