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IN RE LYONDELL CHEMICAL CO.

17cv4375(DLC).

585 B.R. 41 (2018)

IN RE: LYONDELL CHEMICAL CO., et al., Debtors. Edward S. Weisfelner, as Litigation Trustee of the LB Litigation Trust, Plaintiff-Appellant, v. Leonard Blavatnik, et al., Defendants-Appellees.

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

As Modified January 29, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 0158
Cause: 28 U.S.C. § 0158 Notice of Appeal re Bankruptcy Matter (BA
Nature of Suit: 422 Bankruptcy Appeal (801)
Source: PACER

Attorney(s) appearing for the Case

For the Plaintiff-Appellant: Michael K. Kellogg , Gregory G. Rapawy , Daniel G. Bird , Daniel V. Dorris , KELLOGG, HANSEN, TODD, FIGEL & FREDERICK PLLC, 1615 M Street, N.W., Suite 400, Washington, DC 20036, Sigmund S. Wissner Gross , May Orenstein , BROWN RUDNICK LLP, Seven Times Square, New York, New York 10036, Steven D. Pohl , BROWN RUDNICK LLP, One Financial Center, Boston, Massachusetts 02111.

For the Defendants-Appellees: Richard I. Werder, Jr. , Susheel Kirpalani , David Cooper , Rex Lee , Victor Noskov , QUINN EMANUEL URQUHART & SULLIVAN, LLP, 51 Madison Avenue, 22nd Floor, New York, New York 10010, Kenneth N. Klee , Whitman L. Holt , KLEE, TUCHIN, BOGDANOFF & STERN LLP, 999 Avenue of The Stars, 39th Floor, Los Angeles, California 90067.

OPINION AND ORDER

This appeal arises out of the leveraged buyout ("LBO") and ensuing bankruptcy of Lyondell Chemical Company ("Lyondell"). In December 2007, Lyondell was acquired in an LBO by Basell B.V. ("Basell"), a Netherlands-based petrochemical company. The LBO was arranged by Basell's indirect...

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