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IN RE 360NETWORKS (USA) INC.

Bankruptcy No. 01-13721 (ALG). Adversary No. 03-04267 (MG).

367 B.R. 428 (2007)

In re 360NETWORKS (USA) INC., et al., Debtors. The Official Committee of Unsecured Creditors of 360Networks (USA) Inc., et al., and 360Networks (USA) Inc., by and through The Official Committee of Unsecured Creditors of 360Networks (USA) Inc., et al., v. Pirelli Communications Cables and Systems USA LLC, Defendant.

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

April 24, 2007.

Attorney(s) appearing for the Case

Norman N. Kinel, Esq., Terence D. Watson, Esq., Dreier LLP, New York, NY, Attorneys for the Official Committee of Unsecured Creditors of 360networks (USA) inc., et al., and the Estate of 360networks (USA) inc.

Richard P. Krasnow, Esq., Richard L. Levine, Esq., Christopher Marcus, Esq., Weil, Gotshal & Manges LLP, New York, NY, Attorneys for Pirelli Communications Cables and Systems LLC.

OPINION AND ORDER DENYING PLAINTIFF'S MOTION FOR LEAVE TO AMEND THE COMPLAINT

MARTIN GLENN, United States Bankruptcy Judge.

The Official Committee of Unsecured Creditors of 360networks (USA) inc., et al. (the "Plaintiff') brought an action against Pirelli Communications Cables and Systems USA LLC ("Pirelli" or the "Defendant") seeking the avoidance, recovery, and turnover of certain preferential transfers pursuant to §§ 547 and...

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