Manchester Inc. v. Lyle (In re Manchester Inc.)

Ruling: 
Motion to withdraw proofs of claim granted.
Procedural posture: 
Plaintiff debtor filed for relief under chapter 11 of the Bankruptcy Code. Before the bankruptcy proceeding was filed the debtor had been involved in litigation with defendant sellers. The sellers filed a claim in the bankruptcy proceeding for $ 9 million, which was later amended to seek a total recover of $33.4 million. The sellers filed a motion to withdraw their proofs of claim under Fed. R. Bankr. P. 3006.
Issue: 
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Commercial case opionion summary, case decided on December 19,2008, LexisNexis #0109-096