IN RE GENESIS HEALTH VENTURES, INC.

Bankruptcy No. 00-02692 (PJW). Adversary No. 04-53375 (PJW).

367 B.R. 516 (2007)

In re GENESIS HEALTH VENTURES, INC., et al., Debtors. Richard Haskell, et al., Plaintiffs, v. Goldman, Sachs & Co., et al., Defendants.

United States Bankruptcy Court, D. Delaware.

May 4, 2007.


Attorney(s) appearing for the Case

Teresa K.D. Currier, Peter J. Duhig, Buchanan Ingersoll & Rooney PC, Wilmington, DE, for Defendant Mellon Bank, N.A.

Steven Russo, Sive, Paget & Riesel, P.C., New York, NY, for Defendant Mellon Bank, NA. with respect to Plaintiffs Charles L. Grimes, Louise IG Ireland Trust, C. Yvonne Cooke, Jane G. Brown, Serena R. Schwartz and Gordon W. Chaplin.

Menachem O. Zelmanovitz, Matthew W. Olson, Morgan, Lewis & Bockius LLP, New York, NY, for Defendant Mellon Bank, N.A. with respect to all Plaintiffs Other than Charles L. Grimes, Louise IG Ireland Trust, C. Yvonne Cooke, Jane G. Brown, Serena R. Schwartz and Gordon W. Chaplin.

Christopher A. Ward, Morton R. Branzburg, Klehr, Harrison, Harvey, Branzburg & Ellers LLP, Wilmington, DE, Sheldon Raab, Eric A. Hirsch, Sabita Krishman, Fried, Frank, Harris, Shriver & Jacobson LLP, New York, NY, for Defendant Goldman, Sachs & Co.

R. Bruce McNew, Taylor & McNew LLP, Greenville, DE H. Adam Prussin, Leigh Handelman Smollar, Pomerantz Haudek Block, Grossman & Gross LLP, New York, NY, for Plaintiffs.

Robert S. Brady, Young Conaway Stargatt & Taylor LLP, Wilmington,.DE, Paul V. Shaloub, Willkie Farr & Gallagher LLP, New York, NY, for Defendant George V. Hager.

Daniel K. Hogan, The Hogan Firm, Wilmington, DE, Paul Lackey, Michael Aigen, Lackey, Hershman LLP, Dallas, TX, for Defendant Highland Capital Management, L.P.


MEMORANDUM OPINION

PETER J. WALSH, Bankruptcy Judge.

This opinion is with respect to the joint motion (Doc. # 97) of Mellon Bank, N.A., Goldman Sachs, & Co., Highland Capital Management, L.P., and George V. Hager (collectively, "Defendants") for a stay of proceedings pending appeal and extension of time to answer the complaint. For the reasons set forth below, I will grant a limited extension.

BACKGROUND

A full discussion of the underlying...

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