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IN RE BD. OF DIRECTORS OF HOPEWELL INTERN. INS.

No. 99 Civ. 11470(DC).

275 B.R. 699 (2002)

In re Petition of BOARD OF DIRECTORS OF HOPEWELL INTERNATIONAL INSURANCE LTD., as Scheme Administrators of Hopewell International Insurance Ltd., Debtor in Foreign Proceedings.

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

March 29, 2002.

Attorney(s) appearing for the Case

Cozen and O'Connor, By Stephen A. Cozen, Richard M. Mackowsky, Neal D. Colton, David M. Doret, Ellen M. Spindler, Philadelphia, PA and New York City, for Gold Medal.

Seward & Kissel, LLP, By Ronald L. Cohen, Mark D. Kotwick, Charles M. Miller, New York City, Zelle, Hofmann, Voelbel & Gette, LLP, By Lawrence Zelle, Lawrence T. Hofman, Richard L. Voelbel, Minneapolis, MN, for General Mills.

Chadbourne & Parke, LLP, By Howard Seife, Marjorie L. Cohen, Lisa C. Dorr, Andrew Rosenblatt, New York City, for Hopewell.

MEMORANDUM DECISION

CHIN, District Judge.

This is an appeal from an order of the Bankruptcy Court for the Southern District of New York granting the petition of the Board of Directors of Hopewell International Insurance Ltd. ("Hopewell") pursuant to § 304 of the Bankruptcy Code for recognition of a "Scheme of Arrangement" entered into under Bermuda law. The Bankruptcy Court held that the scheme and an injunction issued by a Bermuda court to enforce...

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