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IN RE AMERICAN CAMSHAFT SPECIALTIES, INC.

Bankruptcy No. 06-58298, Adversary No. 08-5622.

410 B.R. 765 (2009)

In re AMERICAN CAMSHAFT SPECIALTIES, INC., et al, Debtor. Basil Simon, Chapter 7 Trustee for American Camshaft Specialties, Inc., Assembled Camshaft, Inc., ASC Grand Haven, Inc. and ACS Orland, Inc., Plaintiff, v. ASIMCO Technologies, Inc., ASIMCO Technologies Holding Limited, ASIMCO International, Inc., ASIMCO Camshaft (Yizheng) Co., Ltd., Jack Perkowski, Michael Conaton, Leland Lewis, Robert Longwell, Kern Lim and Robert Pyle, Defendants.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

September 1, 2009.

Attorney(s) appearing for the Case

Joseph K. Grekin, Tracey L. Porter, Bloomfield Hills, MI, for Plaintiff.

Jong-Ju Chang, Melissa S. Byrd, Sheryl L. Toby, Bloomfield Hills, MI, for Defendants.

OPINION GRANTING IN PART AND DENYING IN PART DEFENDANTS' MOTION TO DISMISS

PHILLIP J. SHEFFERLY, Bankruptcy Judge.

Introduction

The Chapter 7 Trustee for four jointly administered estates filed an eight count adversary proceeding against four corporations related to the Debtors and against six individuals who are members of the board of directors of each of the Debtors. Two of the corporate...

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