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FORTRESS CREDIT CORP. v. ALARM ONE, INC.

No. 07-CV-7590 (CM)(RLE).

511 F.Supp.2d 367 (2007)

FORTRESS CREDIT CORP., Plaintiff, v. ALARM ONE, INC., Defendant.

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

September 7, 2007.

Attorney(s) appearing for the Case

Peter Asplund, Kirkland & Ellis LLP, New York, NY, for Plaintiff.

DECISION AND ORDER

McMAHON, District Judge.

Plaintiff Fortress Credit Corp. ("Fortress") brings this action to foreclose upon its lien on certain assets of defendant Alarm One. Inc. ("Alarm One"). The action stems from a February 11, 2005 Credit Agreement ("Credit Agreement"), pursuant to which various lenders and Fortress provided Alarm One with credit facilities in the aggregate principal amount of approximately $48 million. In order to secure these credit...

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