Unofficial Committee of Equity Holders of Penick Pharmaceutical, Inc. v. McManigle Ex Rel. Penick Pharmaceutical, Inc. (In Re Penick Pharmaceutical, Inc.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM. DECISION GRANTING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT AND DISMISSING ADVERSARY PROCEEDING
BURTON R. LIFLAND, Bankruptcy Judge.
Before me are the cross-motions for summary judgment of, respectively, (1) the Defendant, Drew McManigle (the “Trustee”), the Chapter 11 Trustee of Penick Pharmaceutical, Inc, (“PPI”) and its subsidiary, Pen-ick Corporation (the “Debtor” and together with PPI, the “Debtors”) and (2) the Plaintiff, the Unofficial Committee of Equity Holders of PPI (the “Committee”). For the reasons set forth below, I grant the Trustee’s motion and deny that of the…
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- Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
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