IN RE SOUTHWEST SUPERMARKETS, L.L.C.

Bankruptcy Nos. 01-14805 EDF-RJH to 01-14812-PHX-RJH, Adversary No. 03-945.

315 B.R. 565 (2004)

In re SOUTHWEST SUPERMARKETS, L.L.C.; Southwest Holdings, L.L.C., Debtors. Daniel P. Collins, Trustee for the Bankruptcy Estate of Southwest Supermarkets, L.L.C.; Southwest Holdings, L.L.C., Plaintiffs, v. Kohlberg and Company, et al., Defendants.

United States Bankruptcy Court, D. Arizona.

August 25, 2004.


Attorney(s) appearing for the Case

Craig D. Hansen, Squire, Sanders & Dempsey L.L.P., Curt W. Clausen, Treon, Strick, Lucia & Aguirre, Daniel E. Garrison, Edward M. Zachary, Gallagher & Kennedy, P.A., Phoenix, AZ, Eric Slocum Sparks, Eric Slocum Sparks PC, Tucson, AZ, Joseph E. Cotterman, Gallagher & Kennedy, P.A., Sean T. Cork, Squire, Sanders & Dempsey, L.L.P., Phoenix, AZ, for Debtor.

Curt W. Clausen, Treon, Strick, Lucia & Aguirre, Phoenix, AZ, Daniel P. Collins, Collins, May, Potenza, Baran & Gillespie, Phoenix, AZ, Joel B. Weinberg, Ask Financial, Tarzana, CA, Joseph L. Steinfeld, Jr., Ask Financial, Eagan, MN, Maureen P. Henry, Collins, May, Potenza, Baran & Gillespie, Phoenix, AZ, Molly T. Shields, Abrams & Steinfeld, Tarzana, CA, S. Cary Forrester, Forrester & Worth, PLLC, Phoenix, AZ, for Trustee.

James E. Cross, Osborn Maledon P.A., Phoenix, AZ, for Trustee, Chapter 11.

Paul A. Randolph, Trudy A. Nowak, Phoenix, AZ, for U.S. Trustee.

Dale C. Schian, Mark C. Hudson, Schian Walker, P.L.C., Michael E. Neumann, Hahn, Howard & Greene, L.L.P., Phoenix, AZ, for Creditor Committees.


OPINION RE: DEFENDANTS' MOTION TO DISMISS

RANDOLPH J. HAINES, Bankruptcy Judge.

Kohlberg's Motion to Dismiss the Trustee's First Amended Complaint raises three primary issues: (1) whether a trustee can validly assert claims that were assigned to it by secured creditors; (2) if so, whether the claims are barred by an applicable statute of limitations; and (3) if not, whether a parent company owes a fiduciary duty...

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