TRAFALGAR POWER INC. v. AETNA LIFE INS. CO.

Bankruptcy Nos. 5:99-CV-1238, 5:00-CV-1246. Adversary No. 02-80005.

414 B.R. 22 (2009)

TRAFALGAR POWER INC. and Christine Falls Corporation, Plaintiffs, v. AETNA LIFE INSURANCE COMPANY; Algonquin Power Corporation, Inc.; Algonquin Power Income Fund; and Algonquin Power Fund (Canada) Inc.; Defendants. Algonquin Power Corporation, Inc.; Algonquin Power Income Fund; and Franklin Industrial Complex, Inc.; Plaintiffs, v. Trafalgar Power, Inc.; Christine Falls Corporation; and Pine Run of Virginia, Inc.; Defendants. In re Marina Development, Inc.; Franklin Industrial Complex, Inc.; Christine Falls of New York, Inc.; Trafalgar Power, Inc.; Pine Run of Virginia, Inc.; Debtors. Marina Development, Inc.; Trafalgar Power, Inc.; Christine Falls of New York, Inc.; Franklin Industrial Complex, Inc.; and Pine Run of Virginia, Inc.; Plaintiffs, v. Algonquin Power Corporation, Inc.; Algonquin Power Systems, Inc.; Algonquin Power Fund (Canada), Inc.; Algonquin Power Income Fund; Algonquin Power Systems New Hampshire, Inc.; Algonquin Power (U.S.) Holdings, Inc.; Aetna Life Insurance Company; CIT Credit Group, Inc., fka Newcourt Credit Group, Inc.; Canadian Income Partners I Limited Partnership, Defendants.

United States District Court, N.D. New York.

September 25, 2009.


Attorney(s) appearing for the Case

Harris Beach PLLC, Paul J. Yesawich, III, of Counsel, Pittsford, NY, for Trafalgar Power Parties.

Bois, Schiller & Flexner LLP, Edward J. Normand, Jason Cyrulnik, of Counsel, Armonk, NY, for Marina Development, Inc.

Burns & Schultz LLP, Andrew M. Burns, of Counsel, Rochester, NY, for Aetna Life Insurance Co.

Menter Rudin & Trivelpiece, Mitchell J. Katz, Theresa M. Bennett, of Counsel, Syracuse, NY, for Algonquin Power Parties.

Rackemann Sawyer & Brewster, Alan B. Rubenstein, of Counsel, Boston, MA, for Algonquin Power Parties.


MEMORANDUM-DECISION and ORDER

DAVID N. HURD, District Judge.

I. INTRODUCTION

On November 6, 2008, a Memorandum-Decision and Order was entered granting the Algonquin parties' (collectively "Algonquin") motion for summary judgment and dismissing all claims by Trafalgar Power, Inc. ("TPI") and Christine Falls Corporation ("CFC") (collectively "Trafalgar") and denying Trafalgar's...

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