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IN RE METRO-GOLDWYN-MAYER STUDIOS INC.

No. 10-15774 (SMB).

459 B.R. 550 (2011)

In re METRO-GOLDWYN-MAYER STUDIOS INC., Reorganized Debtor.

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

November 7, 2011.

Attorney(s) appearing for the Case

Skadden, Arps, Slate, Meagher & Flom LLP, Glenn S. Walter, Esq., Jay M. Goffman, Esq., Rick C. Madden, Esq., Of Counsel, New York, NY, Klee, Tuchin, Bogdanoff & Stern LLP, Kenneth N. Klee, Esq., Michael L. Tuchin, Esq., David A. Fidler, Esq., Of Counsel, Los Angeles, CA, for the Reorganized Debtor.

MEMORANDUM DECISION AND ORDER DENYING REORGANIZED DEBTOR'S MOTION FOR AUTHORIZATION TO ENTER INTO CERTAIN TRANSACTIONS

STUART M. BERNSTEIN, Bankruptcy Judge.

Metro-Goldwyn-Mayer Studios Inc. ("MGM") has moved in this confirmed chapter 11 case for authority to enter into transactions by which it will purchase the debts of a wholly-owned subsidiary and secure the authority to release the debts owed by another subsidiary (the "Motion"). (See Motion of Metro...

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