IN RE NORTHWEST AIRLINES CORP.

No. 05-17930 (ALG).

383 B.R. 575 (2008)

In re NORTHWEST AIRLINES CORPORATION, et al.

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

March 21, 2008.


Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, LLP, by Bruce R. Zirinsky, Esq., Gregory M. Petrick, Esq., Barry J. Dichter, Esq., Nathan A. Haynes, Esq., J. David Leamon, Esq., New York, NY, by Mark C. Ellenberg, Esq., Washington, D.C., for the Reorganized Debtors.

Zuckerman Spaeder LLP, by Laura E. Neish, Esq., New York, NY, by Thomas G. Macauley, Esq., Virginia Whitehill Guldi, Esq., Sharon L. Corbett, Vice President and Counsel, Wilmington Trust Company, Wilmington, DE, for Penta Aviation LLC.

Morris James, LLP, Counsel for Wilmington Trust Company, by Stephen M. Miller, Esq., for Wilmington Trust Company.

Milbank, Tweed, Hadley & McCloy LLP, by Wilbur F. Foster, Jr., Esq., Risa M. Rosenberg, Esq., New York, NY, by David S. Cohen, Esq., Washington, DC, for John Hancock Life Insurance Company, John Hancock Variable Life Insurance Company, and Signature 4 Limited.


MEMORANDUM OF OPINION

ALLAN L. GROPPER, Bankruptcy Judge.

Before the Court is a dispute relating to claim number 7237, filed by Wilmington Trust Company (the "Owner Trustee"), and claim number 8175, filed by the Indenture Trustee (defined below) for the debt. The issue is whether the Owner Trustee or the Indenture Trustee is the proper party to assert a claim for damages on account of the Debtors' breach of an aircraft lease. For the reasons stated below...

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