Chalk Line Manufacturing, Inc. v. Frontenac Venture v Ltd. Partnership (In Re Chalk Line Manufacturing, Inc.)

AMENDED MEMORANDUM OPINION

JAMES S. SLEDGE, Bankruptcy Judge.

FACTS

The Official Committee of the Unsecured Creditors of Chalk Line Manufacturing, Inc., debtor in possession, moves for authority to prosecute action and to intervene in this adversary proceeding. Appearing before the Court were the attorney for the debtor in possession, the attorneys for the unsecured creditors’ committee, the attorney for the Bradford defendants, the attorneys for the Frontenac entities, the attorneys for the individual plaintiffs, and the attorney for CIT Group. Aso set for hearing were the defendants’ motion…