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RITCHIE CAPITAL MANAGEMENT v. OPPORTUNITY FINANCE

Civil No. 13-2803 (DWF/FLN).

511 B.R. 603 (2014)

RITCHIE CAPITAL MANAGEMENT, L.L.C.; Ritchie Special Credit Investments, Ltd.; Rhone Holdings II, Ltd.; Yorkville Investments I, L.L.C.; Ritchie Capital Structure Arbitrage Trading, Ltd.; and Ritchie Capital Management, Ltd., Plaintiffs, v. OPPORTUNITY FINANCE, L.L.C.; Sabes Family Foundation; Sabes Minnesota Limited Partnership; Robert W. Sabes; and Jon R. Sabes, Defendants.

United States District Court, D. Minnesota.

Signed June 5, 2014.

Attorney(s) appearing for the Case

Brian A. McAleenan, Esq. , Michael J. La Mare, Esq. , and Thomas K. Cauley, Esq. , Sidley Austin LLP, Chicago, IL; and James M. Jorissen, Esq. , Leonard, O'Brien , Spencer, Gale & Sayre, Ltd., Minneapolis, MN, for Plaintiffs.

Christopher J. Mandernach, Esq. , Jonathan Landy, Esq. , Joseph G. Petrosinelli, Esq. , and Jefferey D. Bailey, Esq. , Williams & Connolly LLP, Washington, DC; and John R. McDonald, Esq. , Kari S. Merman, Esq. , Kevin M. Decker, Esq. , and Scott M. Flaherty, Esq. , Briggs & Morgan, PA, Minneapolis, MN, for Defendants.

MEMORANDUM OPINION AND ORDER

DONOVAN W. FRANK, District Judge.

INTRODUCTION

This matter is before the Court on a Motion to Abstain and Remand brought by Plaintiffs Ritchie Capital Management, L.L.C., Ritchie Special Credit Investments, Ltd., Rhone Holdings II, Ltd., Yorkville Investments I, L.L.C., Ritchie Capital Structure Arbitrage Trading, Ltd., and Ritchie Capital Management, Ltd. (collectively, "Plaintiffs") (Doc. No. 24); and a Motion to...

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