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IN RE YMB MAGNEX INTERN., INC.

No. 98-36044 SR.

249 B.R. 402 (2000)

In re YMB MAGNEX INTERNATIONAL, INC., Ernst & Young, YBM, Inc., as Receiver and Manager of YBM Magnex International, Inc., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

June 15, 2000.

Attorney(s) appearing for the Case

Daniel K. Astin, Office of the U.S. Trustee, Philadelphia, PA.

Edward M. Toole, Marion M. Quirk, Philadelphia, PA.

John W. Morris, Philadelphia, PA.

Myron M. Bloom, Philadelphia, PA.

James G. Wiles, Leon S. Forman, Blank, Rome, Comisky & McCauley, Philadelphia, PA.

Kara H. Goodchild, Kalimah White, Saul, Ewing, Remick & Saul, Philadelphia, PA.

Peter F.C. Howard, Stikeman, Elliott, Barristers & Solicitors, Toronto, Ontario.

Stephan Matanovic, Morgan, Lewis & Bockius, LLP, Philadelphia, PA.

Steven M. Steingard, Kohn Swift & Graft, PC, Philadelphia, PA.

Gregg R. Melinson, Drinker, Biddle & Reath LLP, Philadelphia, PA.

OPINION

STEPHEN RASLAVICH, Bankruptcy Judge.

Introduction.

The above bankruptcy case was commenced as a case ancillary to a foreign proceeding under 11 U.S.C. § 304. Before the Court are four motions, all of which seek identical relief; to wit: modification of a litigation injunction entered at the inception of the case pursuant to 11 U.S.C. § 304(b).1 The relief sought is opposed...

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