Court of Chancery of Delaware

Defendants' motions to dismiss in a complaint arising from an allegedly improper transaction which allegedly resulted in an acquired toy business's bankruptcy is granted as to all counts where most of plaintiff's claims were barred as a matter of law because they were derivative in nature, and thus belonged to the bankruptcy estate.

Appellate Information

• Decided 03/28/2006
• Published 04/13/2006

Judges

Court

• Court of Chancery of Delaware

Counsel

• For Appellant:
  
• Norman M. Monhait, Rosenthal Monhait & Goddess, P.A. Wilmington, DE;  Jeff J. Marwil, Barry Sullivan, James A. McKenna, Anders C. Wick, Jenner & Block, LLP, Chicago, IL, for the Plaintiff.


• For Appellees:
  
• Robert K. Payson, Kevin R. Shannon, Bradley W. Voss, Potter Anderson & Corroon, LLP, Wilmington, DE;  John K. Villa, Steven M. Farina, Williams & Connolly, LLP, Washington, DC, for the Bain Defendants and the Bain Director Defendants., Lewis H. Lazarus, Thomas E. Hanson, Jr., Morris, James, Hitchens & Williams, LLP, Wilmington, DE;  Thomas O. Kuhns, P.C, Thomas L. Campbell, Benjamin W. Hulse, Kirkland & Ellis, LLP, Chicago, IL, for Defendant Michael Glazer., Barry M. Klayman, Wolf, Block, Schorr and Solis-Cohen, LLP, Wilmington, DE;  Mitchell H. Kaplan, Wendy S. Plotkin, Choate, Hall & Stewart, LLP, Boston, MA, for Defendant Robert J. Feldman.