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IN RE McMAHON

No. 97 CIV. 8536(SAS).

235 B.R. 527 (1998)

In re Petition of Anthony James McMAHON and Roger Smith, as Joint Provisional Liquidators of English & American Insurance Company Limited, Debtor in Foreign Proceedings. Anthony James McMahon and Roger Smith, as Scheme Administrators of English & American Insurance Company Limited, Plaintiffs, v. Providence Capitol Enterprises, Inc., Defendant.

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

November 30, 1998.

Attorney(s) appearing for the Case

Gregory M. Petrick, Kenneth P. Coleman, Cadwalader, Wickersham & Taft, New York City, for Plaintiffs.

David L. Katsky, Adrienne B. Koch, Esq., Judith M. Shampanier, Esanu Katsky Korins & Siger, LLP, New York City, for Defendant.

OPINION AND ORDER

SCHEINDLIN, District Judge.

Plaintiffs, Scheme Administrators1 of English & American Insurance Company Ltd. ("E & A"), seek a declaratory judgment that Defendant, Providence Capitol Enterprises, Inc. ("PCE") is liable for approximately $65 million pursuant to a guarantee it signed as part of a series of agreements among E & A, PCE and related entities...

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