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IN RE ASIA GLOBAL CROSSING, LTD.

No. 02 B 15749(SMB).

326 B.R. 240 (2005)

In re ASIA GLOBAL CROSSING, LTD., et al., Debtors.

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

June 28, 2005.

Attorney(s) appearing for the Case

Golenbock, Eiseman, Assor, Bell & Peskoe LLP, Jonathan L. Flaxer, of Counsel, New York City, for Trustee.

Willkie, Farr & Gallagher LLP, Alan J. Lipkin, Daniel C. McElhinney, of Counsel, New York City, for 360networks Corporation.

OPINION AND ORDER GRANTING IN PART AND DENYING IN PART CROSS-MOTIONS FOR SUMMARY JUDGMENT

STUART M. BERNSTEIN, Chief Judge.

360networks Corporation ("360networks") filed a $100 million proof of claim against the estate of Asia Global Crossing, Ltd. ("Asia Global"). The claim is based on a guaranty of certain obligations of Global Crossing Bandwidth, Inc. ("GC Bandwidth") to 360networks. Robert L. Geltzer...

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