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KELLEY v. JPMORGAN CHASE & CO.

Civil Nos. 11-193 (SRN/JJG), 11-194 (SRN/JJG), 11-196 (SRN/JJG), 11-197 (SRN/JJG).

464 B.R. 854 (2011)

Douglas A. KELLEY, as Trustee for Petters Company, Inc., and Petters Group Worldwide, LLC; John R. Stoebner, as Trustee for Polaroid Corporation, et al.; and Randall L. Seaver, as Trustee for Petters Capital, LLC, Plaintiffs, v. JPMORGAN CHASE & CO.; JPMorgan Chase Bank N.A.; One Equity Partners LLC; Jacques A. Nasser; Lee M. Gardner; Charles F. Auster; James W. Koven; Rick A. Lazio; J. Michael Pocock; William L. Flaherty; and Ira H. Parker, Defendants. Douglas A. Kelley, as Trustee for Petters Group Worldwide, LLC, Plaintiff, v. JPMorgan Chase & Co.; and JPMorgan Chase Bank N.A., Defendants.

United States District Court, D. Minnesota.

September 21, 2011.

Attorney(s) appearing for the Case

Thomas E. Jamison , Douglas L. Elsass , K. Jon Breyer , and Lori A. Johnson , Fruth, Jamison & Elsass, PLLC, Minneapolis, MN, for Plaintiffs.

John R. McDonald , and Kevin M. Decker , Briggs & Morgan, P.A., Minneapolis, MN, for Defendants.

MEMORANDUM OPINION AND ORDER

SUSAN RICHARD NELSON, District Judge.

This matter is before the Court on Defendants' motion for withdrawal of certain adversary proceedings from this district's bankruptcy court (Doc. No. 1.)1 For the reasons stated below, this Court denies the motion without prejudice.

I. FACTUAL AND PROCEDURAL BACKGROUND

A. The Collapse of Petters...

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