Official Committee of Unsecured Creditors & Mobile Tool International, Inc. v. American Capital Financial Services, Inc. (In Re Mobile Tool International, Inc.)
United States Bankruptcy Court, D. Delaware
1Opinion of the Court
MEMORANDUM OPINION 1
MARY F. WALRATH, Chief Judge.
Before the Court are the Motion and Cross Motion for judgment on the pleadings filed by the parties with respect to Count III of the Complaint which seeks to subordinate the Defendants’ claims pursuant to section 510(b) of the Bankruptcy Code as damages arising from the purchase or sale of a security of the Debtors. For the following reasons, we grant the Defendants’ Motion and deny the Plaintiffs’ Cross Motion.
I.FACTUAL BACKGROUND
Mobile Tool International, Inc., and Mobile Tool International Insulated Products, Inc., (collectively “the…
2Cases cited9 opinions
- Hal Roach Studios, Inc., a Delaware Corporation v. Richard Feiner and Company, Inc., a New York CorporationCourt of Appeals for the Ninth Circuit · 1990
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- In Re Telegroup, Inc. Baroda Hill Investments, Ltd. Leheron Corporation, Ltd. Kimble John Winter v. Telegroup, IncCourt of Appeals for the Third Circuit · 2002
- In Re International Wireless Communications Holdings, Inc.United States Bankruptcy Court, D. Delaware · 2001
- In Re Montgomery Ward Holding Corp.United States Bankruptcy Court, D. Delaware · 2001
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