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IN RE DOTT ACQUISITION, LLC

Bankruptcy No. 10-72255. Adversary No. 11-05526-PJS.

520 B.R. 588 (2014)

In re DOTT ACQUISITION, LLC, Debtor. TTOD Liquidation, Inc., and Lapeer Plating & Plastics, Inc., Plaintiffs/Counter-Defendants, v. K. Jin Lim, Chapter 7 Trustee for Dott Acquisition, LLC, Defendant/Counter-Plaintiff.

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

February 13, 2014.

Attorney(s) appearing for the Case

Christopher A. Grosman , Robert A. Weisberg , Bloomfield Hills, MI, for Plaintiffs/Counter-Defendants.

Kimberly Ross Clayson , William F. Frey , Kenneth M. Schneider , Detroit, MI, for Defendant/Counter-Plaintiff.

AMENDED OPINION GRANTING IN PART PLAINTIFFS' MOTION FOR SUMMARY JUDGMENT AND DENYING DEFENDANT'S CROSS-MOTION FOR PARTIAL SUMMARY JUDGMENT1

PHILLIP J. SHEFFERLY, Bankruptcy Judge.

Introduction

This adversary proceeding arises out of an agreement for the purchase and sale of a business in the automotive industry. Although originally structured as a purchase of all of the seller's assets, the buyer...

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