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TRAFALGAR POWER INC. v. AETNA LIFE INSURANCE COMPANY

Nos. 5:99-CV-1238, 5:00-CV-1246, 02-80005

TRAFALGAR POWER INC. and CHRISTINE FALLS CORPORATION, Plaintiffs, v. AETNA LIFE INSURANCE COMPANY; ALGONQUIN POWER CORPORATION, INC.; ALGONQUIN POWER INCOME FUND; and ALGONQUIN POWER FUND (CANADA) INC.; Defendants. ALGONQUIN POWER CORPORATION, INC.; ALGONQUIN POWER INCOME FUND; and FRANKLIN INDUSTRIAL COMPLEX, INC.; Plaintiffs, v. TRAFALGAR POWER, INC.; CHRISTINE FALLS CORPORATION; and PINE RUN OF VIRGINIA, INC.; Defendants. IN RE: MARINA DEVELOPMENT, INC.; FRANKLIN INDUSTRIAL COMPLEX, INC.; CHRISTINE FALLS OF NEW YORK, INC.; TRAFALGAR POWER, INC.; PINE RUN OF VIRGINIA, INC.; Debtors. MARINA DEVELOPMENT, INC.; TRAFALGAR POWER, INC.; CHRISTINE FALLS OF NEW YORK, INC.; FRANKLIN INDUSTRIAL COMPLEX, INC.; and PINE RUN OF VIRGINIA, INC.; Plaintiffs, v. ALGONQUIN POWER CORPORATION, INC.; ALGONQUIN POWER SYSTEMS, INC.; ALGONQUIN POWER FUND (CANADA), INC.; ALGONQUIN POWER INCOME FUND; ALGONQUIN POWER SYSTEMS NEW HAMPSHIRE, INC.; ALGONQUIN POWER (U.S.) HOLDINGS, INC.; AETNA LIFE INSURANCE COMPANY; CIT CREDIT GROUP, INC., fka NEWCOURT CREDIT GROUP, INC.; CANADIAN INCOME PARTNERS I LIMITED PARTNERSHIP; Defendant.

United States District Court, N.D. New York.

April 3, 2012.

Attorney(s) appearing for the Case

JOSEPH D. PICCIOTTI, ESQ. , PAUL J. YESAWICH, III, ESQ. , LAURA W. SMALLEY, ESQ , WENDY A. KINSELLA, ESQ. , HARRIS BEACH PLLC, Attorneys for Trafalgar Power Parties, 99 Garnsey Road, Pittsford, New York 14534.

ROBERT B. CALIHAN, ESQ. , ANDREW M. BURNS, ESQ. , NIXON PEABODY, LLP, Attorneys for Aetna Life Ins. Co. P.O. Box 1051, Rochester, New York 14603.

MITCHELL J. KATZ, ESQ. , JEFFREY A. DOVE, ESQ. , MENTER RUDIN & TRIVELPIECE, Attorneys for Algonquin Power Parties, 308 Maltbie Street, Suite 200, Syracuse, New York 13204.

J. DAVID LESLIE, ESQ. , ERIC A. SMITH, ESQ. , BRIAN M. HURLEY, ESQ. , RACKEMANN SAWYER & BREWSTER, Attorneys for Algonquin Power Parties, One Financial Center, Boston, MA 02111.

CAMILLE WOLNIK HILL, ESQ. , STEPHEN A. DONATO, ESQ , BOND SCHOENECK & KING, Attorneys for Franklin Industrial Complex, Inc. One Lincoln Center, Syracuse, NY 13202.

DANIEL B. BERMAN, ESQ. , HANCOCK & ESTABROOK, LLP, Attorneys for Marina Development Parties (Debtors), 1500 MONY Tower I, P.O. Box 4976, Syracuse, New York 13221.

MEMORANDUM-DECISION and ORDER

DAVID N. HURD, District Judge.

I. INTRODUCTION

On November 18, 2010, the United States Court of Appeals for the Second Circuit issued an amended summary order affirming in part and vacating and remanding in part orders dated April 12, 2006, December 19, 2006, and November 6, 2008. Christine Falls Corp. v. Algonquin Power Fund, Inc.

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