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IN RE COMMODORE INTERN. LTD.

Docket No. 00-5082.

262 F.3d 96 (2001)

In re COMMODORE INTERNATIONAL LIMITED and Commodore Electronics Limited, Debtors. Commodore International Limited, Debtor-in-Possession by and through the Official Committee of Unsecured Creditors of Commodore International Limited and Commodore Electronics Limited, Commodore Electronics Limited, Debtor-in-Possession by and through the Official Committee of Unsecured Creditors of Commodore International Limited and Commodore Electronics Limited, Plaintiffs-Appellants, v. Irving Gould, Mehdi R. Ali, Alexander M. Haig, Jr., Ralph D. Seligman, Burton Winberg, J. Edward Goff, Hock E. Tan, Ronald B. Alexander, and Anthony D. Ricci, Defendants-Appellees.

United States Court of Appeals, Second Circuit. August Term, 2000.

Decided: August 9, 2001.

Attorney(s) appearing for the Case

Curtis C. Mechling (Adam S. Grace, Of Counsel), Stroock & Stroock & Lavan, LLP, New York, N.Y. (for Plaintiffs-Appellants Creditors Committee).

Jonathan D. Thier (Richard C. Schoenstein, Of Counsel), Cahill Gordon & Reindel, New York, N.Y. (for Defendants-Appellees).

Before: WALKER, Chief Judge, CABRANES and STRAUB, Circuit Judges.

JOHN M. WALKER, Jr., Chief Judge:

The Official Committee of Unsecured Creditors of Commodore International Limited and Commodore Electronics Limited ("the Creditors' Committee"), suing on behalf of the debtor corporations, appeals from an October 6, 2000 judgment of the United States District Court for the Southern District of New York (Richard C. Casey, District Judge) that dismissed the Creditors' Committee's suit against defendants-appellees, various directors...

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