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IN RE STILLWATER ASSET BACKED OFFSHORE FUND LTD.

No. 12-14140 (ALG).

485 B.R. 498 (2013)

In re STILLWATER ASSET BACKED OFFSHORE FUND LTD., Alleged Debtor.

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

January 17, 2013.

Attorney(s) appearing for the Case

Herrick, Feinstein LLP, By: Arthur G. Jakoby, Esq., Paul A. Rubin, Esq., Frederick E. Schmidt, Jr., Esq., Justin B. Singer, Esq., New York, NY, Attorneys for Alleged Debtor, Stillwater Asset Backed Offshore Fund, Ltd.

Foley & Lardner LLP, By: Douglas E. Spelfogel, Esq., Richard Bernard, Esq., Mark J. Wolfson, Esq., Katherine R. Catanese, Esq., New York, NY, Attorneys for Petitioning Creditors.

MEMORANDUM OF DECISION

ALLAN L. GROPPER, Bankruptcy Judge.

On October 3, 2012, Eden Rock Finance Master Limited, f/k/a Fortis Prime Fund Solutions Custodial Services (Ire) Ltd. re KBC as G1 (ERFF) ("ERFML"), Eden Rock Unleveraged Finance Master Limited f/k/a Fortis Prime Fund Solutions Custodial Services (Ire) Ltd. re KBC as G1 ("ERUFML", and together with ERFML, the "Eden Rock Petitioners"), ARP Structural Alpha Fund, f/k/a Fortis (Isle of Man) Nominees...

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