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IN RE BASIS YIELD ALPHS FUND (MASTER)

No. 07-12762(REG).

381 B.R. 37 (2008)

In re BASIS YIELD ALPHA FUND (MASTER), Debtor in a Foreign Proceeding.

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

January 16, 2008.

Attorney(s) appearing for the Case

Pillsbury Winthrop Shaw Pittman LLP, by Karen Dine, David Crichlow (argued), Robyn Schneider, Jerry Hall, New York, NY, for Joint Provisional Liquidators.

Cleary Gottlieb Steen & Hamilton LLP, by Mitchell Lowenthal, Lindsee Granfield, New York, NY, for Citigroup Global Markets Limited.

DECISION AND ORDER ON MOTION FOR SUMMARY JUDGMENT SEEKING RECOGNITION AS FOREIGN MAIN PROCEEDING

ROBERT E. GERBER, Bankruptcy Judge.

In this case under chapter 15 of the Bankruptcy Code, petitioners Hugh Dickson, Stephen John Akers, and Paul Andrew Billingham—the Joint Provisional Liquidators ("JPLs") of Basis Yield Alpha Fund (Master) (In Provisional Liquidation) ("Basis Yield") in a proceeding in the Cayman Islands—by their petition seek...

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