RITCHIE SPECIAL CREDIT INV., LTD. v. U.S. TRUSTEE

Civil No. 09-680 ADM.

415 B.R. 391 (2009)

RITCHIE SPECIAL CREDIT INVESTMENTS, LTD., et al., Appellants, v. U.S. TRUSTEE, et al., Appellees.

United States District Court, D. Minnesota.

September 8, 2009.


Attorney(s) appearing for the Case

James M. Jorissen, Esq., and Brian F. Leonard, Esq., Leonard, O'Brien, Spencer, Gayle & Sayre, Ltd., Minneapolis, MN; Bryan Krakauer, Esq., Thomas K. Cauley, Jr., Esq., and Brian A. McAleenan, Esq., Sidley Austin, LLP, Chicago, IL, on behalf of Appellants Ritchie Capital Management, LLC, Ritchie Special Credit Investments, Ltd., Rhone Holdings II. Ltd., Yorkville Investment I, LLC, and Ritchie Capital Structure Arbitrage Trading, Ltd.

Michael E. Ridgeway, Esq., and Assistant U.S. Trustee Robert B. Raschke, Office of the U.S. Trustee, Minneapolis, MN; Ramona D. Elliot, Esq., P. Matthew Sutko, Esq., and Walter W. Theus, Jr., Esq., Executive Office for U.S. Trustees, Washington, DC, on behalf of Appellee U.S. Trustee Habbo G. Fokkena.

David E. Runck, Esq., Connie A. Lahn, Esq., and Lara O. Glaesman, Esq., Fafinski Mark & Johnson, PA, Eden Prairie, MN, on behalf of Appellee Official Committee of Unsecured Creditors.


MEMORANDUM OPINION AND ORDER

ANN D. MONTGOMERY, District Judge.

I. INTRODUCTION

This is an appeal from a bankruptcy court order [Bankr.D. Minn. 08-45257 ("Petters Bankr.") Docket No. 153] ("the Trustee Order") overruling the objection [Petters Bankr.Docket No. 117] of Appellants Ritchie Capital Management, L.L.C., Ritchie Special Credit Investments, Ltd., Rhone Holdings II, Ltd, Yorkville Investment I, L.L.C., and Ritchie Capital Structure Arbitrage...

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