In re TEMPO TECHNOLOGY CORPORATION, a/f/k/a Suprahards Manufacturing Corporation and Suprahards USA Sales Corporation, Debtor.
United States District Court, D. Delaware.https://leagle.com/images/logo.png
June 25, 1996.
June 25, 1996.
Attorney(s) appearing for the Case
Laura Davis Jones and S. David Peress of Young, Conaway, Stargatt & Taylor, Wilmington, DE (Laurence May and John H. Drucker, Angel & Frankel, P.C., New York City, of counsel), for debtor-appellee Tempo Technology Corporation.
Mary J. Caloway of Duane, Morris & Heckscher, Wilmington, DE (Ancela R. Nastasi and Theodore L. Freedman, Kirkland & Ellis, New York City, of counsel), for intervenor Tempo Acquisition Corporation.
Joanne B. Wills of Blank, Rome, Comisky & McCauley, Wilmington, DE (Cory E. Friedman, Townley & Updike, of counsel), Crown Point, NY, for appellant Diamond Abrasives Corporation.
David B. Stratton of Pepper, Hamilton & Scheetz, Wilmington, DE (Cory E. Friedman, Townley & Updike, of counsel), Crown Point, NY, for appellant Official Committee of Unsecured Creditors.
Gregory M. Sleet, United States Attorney for the District of Delaware, and Ellen M. Slights, Assistant United States Attorney, Wilmington, DE (Frank W. Hunger, Assistant Attorney General, and Jack Kaufman, Civil Division, Department of Justice, of counsel), Washington, DC, for intervenor United States of America.
United States District Court, D. Delaware.
OPINION
MURRAY M. SCHWARTZ, Senior District Judge.
I. INTRODUCTION
On June 14, 1995, the United States Bankruptcy Court for the District of Delaware entered an order approving the sale of substantially of the assets of the Tempo Technology Corporation ("the Debtor") to the Tempo Acquisition Corporation ("TAC") pursuant to section 363(b)(1) of Title 11 of the United States Bankruptcy Code. Bankruptcy...
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