FTE Automotive USA, Inc. v. Old Carco LLC (In re Old Carco LLC)

MEMORANDUM DECISION GRANTING MOTION TO DISMISS

STUART M. BERNSTEIN, United States Bankruptcy Judge:

FTE Automotive US, Inc. (“FTE”) is a defendant in a class action currently pending in the United States District Court for the Eastern District of Texas (the “Texas Action”). The class representative in the Texas Action has asserted the rights of Old Careo LLC (f/k/a Chrysler LLC) (“Old Chrysler”) and/or the Old Careo Liquidation Trust (the “Liquidation Trust”) to indemnity from of insurance procured by FTE pursuant to a' supplier agreement between FTE and Old Chrysler (the “Supplier Agreement”).…