Legal Opinion

Official Committee of Unsecured Creditors of Grumman Olson Industries, Inc. v. McConnell (In Re Grumman Olson Industries, Inc.)

United States Bankruptcy Court, S.D. New York

Decided August 25, 2005No. 18-14046PublishedCited by 46 opinions

1Opinion of the Court

OPINION GRANTING IN PART AND DENYING IN PART

MOTION TO DISMISS AND DENYING MOTION TO CHANGE VENUE

STUART M. BERNSTEIN, Chief Judge.

The Official Committee of Unsecured Creditors (the “Committee”) of Grumman Olson Industries, Inc. (“Grumman”) commenced this adversary proceeding as the estate representative to recover damages arising in connection with an aborted purchase of Grumman’s assets by H.I.G. Capital, LLC (“HIG”) and Specialized Vehicles Corp. (“SVC,” and together with HIG, “HIG/SVC”). The third defendant, James McConnell, was Grumman’s former president and chief executive officer. The…

2Cases cited61 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Scheuer v. RhodesSupreme Court of the United States · 1974
  3. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
  4. Stewart Organization, Inc. v. Ricoh Corp.Supreme Court of the United States · 1988
  5. Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994

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3Cited by46 opinions

  1. American International Group, Inc. v. GreenbergCourt of Chancery of Delaware · 2009
  2. Picard Ex Rel. Liquidation of Bernard L. Madoff Investment Securities LLC v. Madoff (In Re Bernard L. Madoff Investment Securities LLC)United States Bankruptcy Court, S.D. New York · 2011
  3. Adelphia Communications Corp. v. Bank of America, N.A. (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2007
  4. Grubin v. Rattet (In Re Food Management Group, LLC)United States Bankruptcy Court, S.D. New York · 2008
  5. McHale v. Citibank, N.A. (In Re the 1031 Tax Group, LLC)United States Bankruptcy Court, S.D. New York · 2009

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