MEMORANDUM OF DECISION
GEORGE B. NIELSEN, Jr., Chief Judge.
I
Plaintiffs are debenture holders asserting claims against debtors in the approximate amount of $90 million. Under the terms of a Chapter 11 reorganization plan confirmed on June 16, 1993, Circle K was sold to CK Acquisitions Corporation for $399.5 million in cash. CK Acquisitions Corporation was controlled by an investment entity known as Investcorp.
In a timely filed complaint...
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