IN RE BAYOU GROUP, LLC

Bankruptcy No. 06 B 22306(ASH). Adversary Nos. 06-08318A, 06-08320A, 06-08321A, 06-08329A, 06-08332A, 06-08333A, 06-08336A, 06-08337A, 06-08338A, 06-08339A, 06-08340A, 06-08341A, 06-08368A, 06-08373A, 06-08387A, 06-08389A, 06-08398A, 06-08403A, 06-08412A, 06-08415A, 06-08419A, 06-08420A, 06-08422A, 06-08423A, 06-08430A, 06-08431A, 06-08435A, 06-08493A, 06-08494A, 07-08243A, 07-08244A, 07-08245A, 07-08246A.

396 B.R. 810 (2008)

In re BAYOU GROUP, LLC, et al., Debtors. Bayou Accredited Fund, LLC v. Redwood Growth Partners, L.P. Bayou No Leverage Fund, LLC v. Christian Brothers High School Endowment. Bayou Superfund, LLC v. D. Canale Beverages, Inc. Bayou No Leverage Fund, LLC v. Fred Montesi IRA and Fred Montesi. Bayou Superfund, LLC v. Helen Yulman Revocable Trust. Bayou Superfund, LLC v. Heritage Hedged Equity Fund LP. Bayou Superfund, LLC v. John D. Canale III. Bayou Superfund, LLC v. KFI Capital Partners LLC. Bayou Superfund, LLC v. Mary P. Smythe Residuary Trust. Bayou Superfund, LLC v. Mary Jane Pidgeon Sledge. Bayou No Leverage Fund, LLC v. Mayer and Morris Kaplan Foundation. Bayou Superfund, LLC v. YK Investment Partnership II. Bayou Superfund, LLC v. Marvin E. Bruce Living Trust. Bayou Accredited Fund, LLC v. Freestone Low Volatility Partners LP. Bayou Superfund, LLC v. William Strang. Bayou Superfund, LLC v. Randall M. Rothstein and Sheryl B. Rothstein. Bayou Superfund, LLC v. Alan Osofsky. Bayou Accredited Fund, LLC v. Madison Capital Advisors Ltd. Bayou Superfund, LLC v. Highgate Partners LP. Bayou No Leverage Fund, LLC v. DW Resources Defined Benefit Plan and Marc Daniels. Bayou Superfund, LLC v. Michael Mann. Bayou Superfund, LLC v. Myrna Bennett. Bayou Superfund, LLC v. H & B Hedge Fund II LLC. Bayou No Leverage Fund, LLC v. Marc Fleisher IRA and Marc Fleisher. Bayou No Leverage Fund, LLC v. Peter Haje IRA and Peter Haje. Bayou Superfund, LLC v. Kevin Bass. Bayou Superfund, LLC v. Michael Davidson. Bayou Superfund, LLC v. Sterling Stamos Security Fund, L.P., Sterling Stamos Security Fund— Friends and Family, L.P., Sterling Stamos Growth Fund, L.P., and Sterling Stamos Liquidity Fund, L.P. Bayou Superfund, LLC v. DB Structured Products Inc. Bayou Superfund, LLC v. High Sierra Investments. Bayou No Leverage Fund, LLC v. John Barr III IRA and John Barr III. Bayou Superfund, LLC v. Neil D. Cohen. Bayou Accredited Fund, LLC v. Edward Sorkin and Virginia Sorkin.

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

October 16, 2008.


Attorney(s) appearing for the Case

Gary J. Mennitt, Esq., Jonathan D. Perry, Esq., Elise Scherr Frejka, Esq., Dechert LLP, Tracy L. Klestadt, Esq., Brendan Scott, Esq., Klestadt & Winters, LLP, New York, NY, for the Debtors and Debtors-in-Possession.

Carole Neville, Esq., Sonnenschein Nath & Rosenthal LLP, New York, NY, for Twenty-four Defendants.

Jeff F. Friedman, Esq., Katten, Muchin, Rosenman, LLP, New York, NY, for Peter Haje IRA and Peter Haje.

Richard B. Feldman, Esq., Rosenberg Feldman Smith, LLP, New York, NY, for Freestone Low Volatility Partners, LP.

Kevin Burke, Esq., Cahill, Gordon & Reindel, New York, NY, for DB Structured Products Inc.

Marcy Harris, Esq., Schulte, Roth & Zabel, LLP, New York, NY, for Sterling Stamos Security Fund, L.P., Sterling Stamos Security Fund—Friends and Family, L.P., Sterling Stamos Growth Fund, L.P., and Sterling Stamos Liquidity Fund, L.P.

Joseph W. Allen, Esq., Jaeckle Fleischmann & Mugel, LLP, Buffalo, NY, for Christian Brothers High School Endowment.

H. William Munno, Esq., Seward & Kissel, LLP, New York, NY, for Mary Jane Pidgeon Sledge.

P. Gregory Schwed, Esq., Loeb & Loeb, LLP, New York, NY, for Highgate Partners LP.


DECISIONS ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

ADLAI S. HARDIN, JR., Bankruptcy Judge.

Table of Contents

                                                                              Page

Jurisdiction ..................................................................822

Overview of the Facts .........................................................822


                    
                    
                    

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