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IN RE UAL CORP.

No. 10-1524.

635 F.3d 312 (2011)

In the Matter of UAL CORPORATION, Debtor. ReGen Capital I, Inc., Appellant, v. UAL Corporation, et al., Appellees.

United States Court of Appeals, Seventh Circuit.

Decided February 18, 2011.

As Amended on Denial of Rehearing April 13, 2011.

Attorney(s) appearing for the Case

Michael B. Slade (argued), Attorney, Kirkland & Ellis LLP, Chicago, IL, for UAL Corporation.

Peter John Roberts , Attorney, Shaw Gussis Fishman Glantz Wolfson & Towbin LLC, Chicago, IL, Paul A. Rubin (argued), Attorney, Herrick Feinstein, New York, NY, for Appellant.

Robert R. Benjamin , Attorney, Querrey & Harrow, Michael C. Moody , Attorney, O'Rourke & Moody, Fruman Jacobson , Attorney, SNR Denton US LLP, Chicago, IL, for Appellees.

Before KANNE, TINDER, and HAMILTON, Circuit Judges.

HAMILTON, Circuit Judge.

A claims trader buys claims against bankrupt debtors from creditors at a discount. See In re Kreisler, 546 F.3d 863, 864 (7th Cir.2008). This appeal addresses how purchased claims can be affected by a debtor's decision to assume or reject executory contracts from which those claims arose. We affirm the district court's judgment holding that the purchaser...

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