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IN RE AMF BOWLING WORLDWIDE, INC.

No. 01-61119-DHA.

278 B.R. 96 (2002)

In re AMF BOWLING WORLDWIDE, INC., Debtor. AMF Bowling Worldwide, Inc., Plaintiff, v. Herricks Fore Plan, Inc., Defendant.

United States Bankruptcy Court, E.D. Virginia, Richmond Division.

March 13, 2002.

Attorney(s) appearing for the Case

Wilkie Farr & Gallagher, New York City, Dion W. Hayes, Erin E. McDonald, John H. Maddock, III, Joseph S. Sheerin, McGuire Woods, LLP, Richmond, VA, Douglas M. Foley, McGuire Woods LLP, Norfolk, VA, for debtor.

B. Amon James, Office of U.S. Trustee, Richmond, VA, Robert B. Van Arsdale, Office of U.S. Trustee, Norfolk, VA, for U.S. Trustee.

Jonathan L. Hauser, Troutman Sanders LLP, Norfolk, VA, Lorna G. Schofield, Michael E. Wiles, Steven R. Gross, Debevoise & Plimpton, New York City, Philip C. Baxa, Troutman Sanders Mays & Valentine, LLP, Richmond, VA, for Official Committee of Unsecured Creditors.

MEMORANDUM OPINION AND ORDER

DAVID H. ADAMS, Bankruptcy Judge.

This matter is before the Court on cross-motions for summary judgment. The issue is whether principles of collateral estoppel apply such that Herricks Fore Plan is precluded from litigating the validity of the lien-priming proposed by the debtor's debtor-in-possession ("DIP") financing arrangement which was approved by this Court on August 8, 2001. This is a core proceeding over which this Court...

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