In re PLASSEIN INTERNATIONAL CORPORATION, f/k/a PL Liquidation Corp., Debtor.
William Brandt, as he is the Trustee of the Estates of Plassein International Corp., et al.,
v.
B.A. Capital Co. LP, Andrew Marshall Forsberg Trust, Ethel Forsberg Revocable Trust, Janis Rae Forsberg Trust, Frank John McCarthy, Daniel R. Orris, Bernadine Orris, Charles J. Warr, Paul D. Gage, Stephen S. Wilson, G. Kenneth Pope, Jr., Kenneth Olener, Daniel A. Jones, III, Sam Chebeir, Thomas F. Fay, Ruth L. Fischbach, Mark R. Freedman, Robert N. Zeitlin, Sidney Zeitlin, ZFC Associates, Inc., William G. Russell, Robert N. Zeitlin 1999 Charitable Remainder Unitrust William Brandt, Appellant.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Argued November 2, 2009.
Filed December 22, 2009.
Attorney(s) appearing for the Case
Charles R. Bennett, Jr. (argued), Hanify & King, Boston, MA, Kevin S. Mann, Christopher P. Simon, Cross & Simon, Wilmington, DE, for Appellant William Brandt.
William P. Bowden, Andrew D. Cordo, Ricardo Palacio, Ashby & Geddes, Wilmington, DE, for Defendants-Appellees Sam Chebeir, Paul D. Gage, Daniel A. Jones, III, Kenneth Olenler, G. Kenneth Pope, Jr., Charles J. Warr, Stephen S. Wilson.
Mark C. Fleming (argued), Jeffrey S. Gleason, Richard A. Johnston, Wilmer Cutler Pickering Hale & Dorr, Boston, MA, Gabriel R. MacConaill, Laurie S. Silverstein, Potter, Anderson & Corroon, Wilmington, DE, for Defendants-Appellees Thomas F. Fay, Ruth L. Fischbach, Mark R. Freedman, Robert N. Zeitlin 1999 Charitable Remainder Unitrust, William G. Russell, ZFC Associates Inc., Robert N. Zeitlin, Sidney Zeitlin.
Elliot Moskowitz, Karen E. Wagner (argued), Davis, Polk & Wardwell, New York, NY, Robert J. Stearn, Jr., Richards, Layton & Finger, Wilmington, DE, for Defendant-Appellee B.A. Capital Co. LP.
James A. Sarna, Sarna & Associates, Upper Nyack, NY, for Defendants-Appellees Andrew Marshall Forsberg Trust, Ethel Forsberg Revocable Trust, Janis Rae Forsberg Trust, Frank John McCarthy, Bernadine Orris, Daniel R. Orris.
Before: SCIRICA, Chief Judge, and JORDAN and GREENBERG, Circuit Judges.
United States Court of Appeals, Third Circuit.
OPINION OF THE COURT
GREENBERG, Circuit Judge.
I. INTRODUCTION
This matter comes on before this Court on appeal from a final order of the District Court entered on May 15, 2008, affirming an April 20, 2007 order of the Bankruptcy Court. This case originated in the Bankruptcy Court when William Brandt, the trustee in bankruptcy proceedings of Plassein International Corporation ("Plassein") and the subsidiaries it had acquired in related leveraged...
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