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IN RE QIMONDA RICHMOND, LLC

Bankruptcy No. 09-10589 (MFW). Adversary No. 11-50603 (MFW).

467 B.R. 318 (2012)

In re QIMONDA RICHMOND, LLC, et al., Debtors. EPLG I, LLC, As Trustee for the QR Liquidating Trust, Plaintiff, v. Citibank, National Association and U.S. Bank, National Association, Defendants.

United States Bankruptcy Court, D. Delaware.

March 26, 2012.

Attorney(s) appearing for the Case

Timothy P. Cairns, Esquire , Michael R. Seidl, Esquire , Pachulski Stang Ziehl & Jones LLP, Wilmington, DE, for Qimonda Richmond, LLC,

David H. Wollmuth, Esquire , Vincent T. Chang, Esquire , Wollmuth Maher & Deutsch LLP, New York, NY, Of Counsel.

Gregory Werkheiser, Esquire , Andrew R. Remming, Esquire , Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE, Scott A. Edelman, Esquire , Sander Bak, Esquire, Milbank, Tweed, Hadley & McCloy LLP, for Citibank, National Association.

MEMORANDUM OPINION1

MARY F. WALRATH, Bankruptcy Judge.

Before the Court is the Motion of Citibank National Association ("Citibank") to Dismiss the Trustee's Complaint for failure to state a claim for relief. For the reasons set forth below, the Court will deny the Motion.

I. BACKGROUND

Qimonda North America Corp. and Qimonda Richmond, LLC...

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