IN RE COPPERFIELD INVESTMENTS, LLC

No. 07-71327-CEC.

421 B.R. 604 (2010)

In re COPPERFIELD INVESTMENTS, LLC, Debtor.

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

January 8, 2010.


Attorney(s) appearing for the Case

Douglas Furth, Esq., Ancela R. Nastasi, Esq., Anthony Vassalo, Esq., Golenbock, Eisman, Assor Bell & Peskoe, New York, NY, for David Pauker, Plan Administrator of the Third Amended Plan of Liquidation for Copperfield Investments, LLC.

John F. Cambria, Esq., Grant Stein, Esq., Jason H. Watson, Esq., Catherine R. Fenoglio, Esq., Alston & Bird, LLP, New York, NY, for Ficus Investments, LLC and Private Capital Group, a Florida limited liability company.

Bennette D. Kramer, Esq., John M. Lundin, Esq., Niall D. O'Murchadha, Esq., Schlam, Stone & Dolan LLP, New York, NY, for Private Capital Management Corp.


DECISION

CARLA E. CRAIG, Chief Judge.

This matter comes before the Court on the motion of Private Capital Management Corp. ("PCMC") seeking authority to commence an adversary proceeding on behalf of the bankruptcy estate of Copperfield Investments, LLC (the "Debtor") to recover allegedly fraudulent conveyances from third parties, and to assert claims of breach of fiduciary duty, conversion, and unjust enrichment. PCMC's motion is opposed by David...

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