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LERNOUT & HAUSPIE SPEECH PRODS. v. STONINGTON PARTNERS

Civ. A. No. 01-594-JJF. Bankruptcy Nos. 00-4397(JHW) to 00-4399(JHW).

268 B.R. 395 (2001)

LERNOUT & HAUSPIE SPEECH PRODUCTS, N.V., Dictaphone Corporation, and L & H Holdings, USA, Inc., Appellees, v. STONINGTON PARTNERS, INC., Stonington Capital Appreciation 1994 Fund L.P. and Stonington Holdings, LLC, Appellants. In re Lernout & Hauspie Speech Products N.V., et al., Debtors.

United States District Court, D. Delaware.

September 17, 2001.

Attorney(s) appearing for the Case

Robert J. Dehney, Esquire, Gregory W. Werkheiser, Esquire, and Donna L. Harris, Esquire of Morris, Nichols, Arsht & Tunnell, Wilmington, Delaware. Of Counsel Luc A. Despins, Esquire, and Dennis C. O'Donnell, Esquire of Milbank Tweed Hadley & McCloy LLP, New York City, for Appellees.

Brendan Linehan Shannon, Esquire of Young Conaway Stargatt & Taylor, LLP., Wilmington, Delaware. Of Counsel James L. Garrity, Jr., Esquire, Alan S. Goudiss, Esquire, H. Miriam Farber, Esquire, and Olav A. Haazen, Esquire of Sherman & Sterling, New York City, for Appellants.

MEMORANDUM OPINION

FARNAN, District Judge.

Presently before the Court is an appeal by Stonington Partners, Inc., Stonington Capital Appreciation 1994 Fund, L.P., and Stonington Holdings, L.L.C. (collectively, "Stonington") from the August 27, 2001 Order (the "Order") of the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") granting the Debtors' Motion For Partial Judgment On The Pleadings, Or In The Alternative,...

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