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Rule 5011(c)

Antioch Co. Litig. Trust v. Miller (In re Antioch Co.)

Ruling
Limited stay in adversary proceeding pending district court decision on motion to withdraw reference denied.
Procedural posture

Plaintiff litigation trustee filed an adversary proceeding against defendants, current and former directors or officers of a company that declared chapter 11 bankruptcy, trustees of the company's employee stock ownership plan, and others, asserting claims under state law and seeking equitable subordination and avoidance of preferential transfers under the Bankruptcy Code. Defendant bank asked the court to abstain from hearing the case.

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Commercial opinion summary, case decided on May 26, 2010 , LexisNexis #0810-068

In re Chrysler LLC

Ruling
Emergency stay pending determination of motion to withdraw reference denied absent showing by state pensioners of irreparable harm or diminution in potential recovery.
Procedural posture

Movant, state pensioners, filed an emergency motion to stay proceedings pursuant to Fed. R. Bankr. P. 5011(c) pending determination of a motion to withdraw the reference.

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Commercial opinion summary, case decided on May 20, 2009 , LexisNexis #0709-095