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IN RE GLOBAL CROSSING, LTD.

Bankruptcy No. 02-40188 (REG). Adversary Nos. 04-01731 (REG), 05-02234(REG).

385 B.R. 52 (2008)

In re GLOBAL CROSSING LTD., et al., Debtors. The Global Crossing Estate Representative, Plaintiff, v. Alta Partners Holdings LDC, and approximately 134 other defendants, Defendants. The Global Crossing Estate Representative, Plaintiff, v. Credit Suisse First Boston LLC, and seven other defendants, Defendants.

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

April 8, 2008.

Attorney(s) appearing for the Case

Lord BisselL & Brook, LLP, by Forrest Lammiman, Esq., Patrick Jones, Esq., Chicago, IL, Brown Rudnick Berlack & Israels, by Lisa M. Kelsey, Esq., New York, NY, for Global Crossing Estate Representative.

Wilmer Cutler Pickering Hale & Dorr, LLP, by Philip D. Anker, Esq., New York, NY, for the WilmerHale Defendants.

Andrews Kurth LLP, by Paul N. Silverstein, Esq., Lynne M. Fischman Uniman, Esq., New York, NY, for the Andrews Defendants.

Dilworth Paxson LLP, by Anne Marie P. Kelley, Esq., Scott J. Freedman, Esq., Holly R. Rogers, Esq., Cherry Hill, NJ, for the Dow Defendants.

Mayer, Brown, Rose & Maw, LLP by Vincent R. Schmeltz, Esq., Chicago, IL, for Defendant CIBC.

Morgan, Lewis & Bockius, LLP, by Jay Teitelbaum, Esq., New York, NY, for Defendant Jefferies & Co., Inc.

Certilman, Balin, Adler & Hyman, LLP, by Jaspreet Mayall, Esq., East Meadow, NY, for Defendant Anglo-American Security Fund, L.P. and Drake Associates, L.P.

Lazare, Potter, Giacovas & Kranjac LLP, by Michael Conway, Esq., New York, NY, for Defendants Dreyfus A Bonds Plus, Dreyfus Core Bond Fund and Dreyfus Intermediate Term Income Fund.

DECISION AND ORDER ON MOTIONS (1) TO DISMISS UNDER STATUTE OF LIMITATIONS AND (2) TO EXTEND TIME FOR SERVICE OF PROCESS ON NEWLY ADDED DEFENDANTS

ROBERT E. GERBER, Bankruptcy Judge.

In these adversary proceedings under the umbrella of the jointly administered confirmed chapter 11 cases of Global Crossing Ltd. and 54 of its subsidiaries, plaintiff Global Crossing Estate Representative seeks to recover, as constructively fraudulent transfers, dividend...

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