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IN RE TL ADMIN. CORP.

Bankruptcy No. 03-15564 (RDD). Adversary No. 05-02376 (RDD).

337 B.R. 827 (2006)

In re TL ADMINISTRATION CORPORATION, et al, (f/k/a Twinlab Corporation et al.), Debtors. TL Administration Corporation, et al. (f/k/a Twinlab Corporation, et al.), Plaintiffs, v. Ideasphere, Inc. and TL Acquisition Corp., Defendants.

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

February 8, 2006.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, by Michael P. Kessler, Houston, TX, Gary Ticoll, New York City, for Plaintiffs/Debtors.

Kramer Levin Naftalis & Frankel LLP, by Matthew J. Williams, Larchmont, NY, Jonathan T. Koevary, for Defendants.

MEMORANDUM OF DECISION AND ORDER ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

ROBERT D. DRAIN, Bankruptcy Judge.

The parties to this adversary proceeding filed for summary judgment under Fed. R. Civ. P. 56(a) and (b), respectively, as incorporated by Fed. R. Bank. P. 7056. They dispute the interpretation of the Asset Purchase Agreement dated as of September 4, 2003 (the "APA") pursuant to which defendants Ideasphere, Inc. and TL Acquisition Corp. (together, the...

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