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IN RE COMMODORE INTERN. LTD.

Bankruptcy No. 94 B 42185 (JLG), Adversary No. 97-8292A.

231 B.R. 175 (1999)

In re COMMODORE INTERNATIONAL LIMITED, and Commodore Electronics Limited, Debtors. Commodore International Limited and Commodore Electronics Limited, Debtors-in-Possession, by and through the Official Committee of Unsecured Creditors of Commodore International Limited and Commodore Electronics Limited, Plaintiffs, v. Irving Gould, Mehdi R. Ali, Alexander M. Haig, Jr., Ralph D. Seligman, Burton Winberg, J. Edward Goff, Hock E. Tan, Ronald B. Alexander and Anthony D. Ricci, Defendants.

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

March 9, 1999.

Attorney(s) appearing for the Case

Cahill Gordon & Reindel, New York City, for defendants.

Stroock & Stroock & Levan, New York City, Counsel to the Official Creditors' Committee.

Fulbright & Jaworski, New York City, Counsel to the Liquidators.

MEMORANDUM DECISION ON DEFENDANTS' SUPPLEMENTAL MOTION TO DISMISS THE COMPLAINT

JAMES L. GARRITY, Jr., Bankruptcy Judge.

The Official Committee of Unsecured Creditors appointed in these chapter 11 cases (the "Committee") commenced this adversary proceeding on behalf of Commodore International Limited ("CIL") and Commodore Electronics Limited ("CEL" and, together with CIL, the "debtors") to recover damages arising from, among other things, the defendants...

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