IN RE BAYOU STEEL BD HOLDINGS, L.L.C.

Case No. 19-12153 (KBO) Adv. Proc. No. 21-51013 (KBO).

651 B.R. 179 (2023)

IN RE: BAYOU STEEL BD HOLDINGS, L.L.C., et al. Debtors. George L. Miller, in his capacity as the Chapter 7 Trustee for the jointly administered bankruptcy estates of Bayou Steel BD, L.L.C., et al., Plaintiff, v. Black Diamond Capital Management, L.L.C.; BDCM Opportunity Fund IV, L.P.; Black Diamond Commercial Finance, L.L.C.; Sam Farahnak; Phil Raygorodetsky; Rob Archambault; Terry Taft; and Bob Unfried, Defendants.

United States Bankruptcy Court, D. Delaware.

Signed April 26, 2023.


Attorney(s) appearing for the Case

Steven M. Coren , Peter J. Keane , Colin R. Robinson , Bradford J. Sandler , Pachulski Stang Young & Jones LLP, Wilmington, DE, Janice Daul Felix , Benjamin M. Mather , Kaufman, Coren & Ress, P.C., Philadelphia, PA, for Plaintiff.

Paul Brzyski , Leslie C. Esbrook , William J. Trunk , Kramer Levin Naftalis & Frankel LLP, Washington, DC, Judd A. Lindenfeld , Zaiger LLC, Stamford, CT, Seth A. Niederman , Fox Rothschild LLP, Wilmington, DE, Lawrence S. Robbins , Friedman Kaplan Seiler Adelman & Robbins LLP, New York, NY, Jeffrey H. Zaiger , Zaiger LLC, New York, NY, for Defendants BDCM Opportunity Fund IV, L.P., Black Diamond Capital Management, L.L.C., Black Diamond Commercial Finance, L.L.C., Phil Raygorodetsky, Sam Farahnak.

Kevin M. Capuzzi , Jennifer R. Hoover , Benesch Friedlander Coplan & Aronoff LLP, Wilmington, DE, J. Erik Connolly , Jacob H. Marshall , Benesch, Friedlander, Coplan & Aronnoff LL, Chicago, IL, for Defendants Bob Unfried, Rob Archambault, Terry Taft.

Carolyn Forstein , Kramer Levin Naftalis & Frankel LLP, Washington, DC, for Defendants Phil Raygorodetsky, Sam Farahnak.

Jack A. Herman , Kramer Levin Naftalis & Frankel LLP, Washington, DC, for Defendants BDCM Opportunity' Fund IV, L.P.

Sven Thure Nylen, IV , Benesch, Friedlander, Coplan & Aronoff, Chicago, IL, for Defendants Rob Archambault.


Related Docket to Nos. 63 & 65

MEMORANDUM ORDER

I. PROCEDURAL HISTORY & ALLEGED FACTS

The defendants in this adversary proceeding are Black Diamond Capital Management L.L.C. ("BDCM"), BDCM Opportunity Fund IV, L.P....

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