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IN RE GRUMMAN OLSON INDUSTRIES, INC.

Bankruptcy No. 02-16131 (SMB). Adversary No. 10-3052.

445 B.R. 243 (2011)

In re GRUMMAN OLSON INDUS., INC., Debtor. Morgan Olson, LLC, Plaintiff, v. John Frederico and Denise Frederico, Defendants.

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

February 25, 2011.

Attorney(s) appearing for the Case

Reger Rizzo & Darnall LLP, John J. Barrett, Jr., Esq., of Counsel, Philadelphia, PA, Beverly M. Barr, Esq., of Counsel, White Plains, NY, for Plaintiff.

Law Offices of Robert J. McGuirl, LLC, Robert J. McGuirl, Esq., of Counsel, Road Park Ridge, NJ, for Defendants.

MEMORANDUM DECISION AND ORDER GRANTING SUMMARY JUDGMENT AND DISMISSING THE COMPLAINT

STUART M. BERNSTEIN, Bankruptcy Judge.

This case concerns the extent of in personam relief that a court can grant to a buyer under Bankruptcy Code § 363(f). Morgan Olson LLC ("Morgan") purchased the debtor's assets at a bankruptcy sale free and clear of liens, claims and interests. The sale order also exonerated Morgan from certain successor liability claims...

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