United States Bankruptcy Court, S.D. New York.https://leagle.com/images/logo.png
May 16, 2007.
May 16, 2007.
Attorney(s) appearing for the Case
DeBevoise & Plimpton LLP, by Michael E. Wiles, Esq., Richard. F. Hahn, Esq., New York, NY, Special Aircraft Attorneys for Debtors.
Stroock & Stroock & Lavan LLP, by Lawrence M. Handelsman, Esq., Kristopher M. Hansen, Esq., Jayme T. Goldstein, Esq., New York, NY, Conflicts Counsel for Debtors.
Akin Gump Strauss Hauer & Feld LLP, by Daniel H. Golden, Esq., David H. Botter, Esq., Mitchell P. Hurley, Esq., New York, NY, Counsel for Official Committee of Unsecured Creditors.
Bingham McCutcheon LLP, by Mark M. Elliott, Esq., Michael J. Reilly, Esq., Joshua Dorchak, Esq., New York, NY, Attorneys for Williamson Trust Company as Owner Trustee and Cargill Financial Services international, Inc.
Vedder, Price, Kaufman & Kammholz, P.C., by Douglas J. Lipke, Esq., Jonathan H. Bogaard, Esq., Chicago, IL, and by Michael J. Edelman, Esq., Ariel Levy, Esq., New York, NY, Attorneys for Strategic Value Partners, LLC and Bank of America, N.A.
Dewey Ballantine LLP, by Lisa Hill Fenning, Esq., Los Angeles, CA, and by Elizabeth M. Guffey, Esq., Austin, TX, and by Alexander M. Kayne, Esq., Irena Goldstein, Esq., New York, NY, Attorneys for Northwestern Mutual Life Insurance Company.
Pillsbury Winthrop Shaw Pittman LLP, by Leo T. Crowley, Esq., Eric Fishman, Esq., Margot P. Erlich, Esq., New York, NY, Attorneys for Bank of New York as Indenture Trustee.
United States Bankruptcy Court, S.D. New York.
DECISION ON TIA/SLV OBJECTIONS 1 AND 2
ADLAI S. HARDIN, JR., Bankruptcy Judge.
These claims Objections arise out of leveraged lease transactions involving aircraft. Claims have been filed by "owner participants" based on the obligations of debtor Delta Air Lines, Inc. ("Delta") under tax indemnification agreements ("TIA") to compensate for adverse tax consequences ("tax consequences") resulting from premature lease termination. Other claims have been...
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