Legal Opinion
Izzarelli v. Rexene Products Co. (In Re Rexene Products Co.)
United States Bankruptcy Court, D. Delaware
Decided April 10, 1992No. 17-12820PublishedCited by 46 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HELEN S. BALICE, Bankruptcy Judge.
Leonard N. Izzarelli and Donald J. Sehelfhout, individually and as class representatives, seek relief from stay to prosecute a class action against Rexene Products Company and Rexene Corporation. For the reasons that follow, the motion is GRANTED.
I. Facts
The lawsuit stems from the allocation of a company stock contribution to the El Paso Products Company Stock Bonus Plan (now the Rexene Products Company Stock Bonus Plan) (Plan) for the 1986 plan year. Movants allege various ERISA violations and breaches of fiduciary duties owed the…
2Cases cited11 opinions
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- Fernstrom Storage and Van Company v. Fernstrom Storage and Van CompanyCourt of Appeals for the Seventh Circuit · 1991
- In Re Stranahan Gear Company, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1986
- In Re Pro Football Weekly, Inc.District Court, N.D. Illinois · 1986
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