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IN RE PETTERS COMPANY, INC.

Jointly Administered under Case No. 08-45257, Court File Nos. 08-45258, 08-45326, 08-45327, 08-45328, 08-45329, 08-45330, 08-45331, 08-45371, 08-45392, No. ADV 17-4107.

In re: Petters Company, Inc., et al., Chapter 11 Cases, Debtors, (includes: Petters Group Worldwide, LLC; PC Funding, LLC; Thousand Lakes, LLC; SPF Funding, LLC; PL Ltd., Inc.; Edge One, LLC; MGC Finance, Inc.; PAC Funding, LLC; Palm Beach Finance Holdings, Inc.). Douglas A. Kelley, in his capacity as the Trustee of the PCI Liquidating Trust, Plaintiff, v. William M. McDonald, Defendant.

United States Bankruptcy Court, D. Minnesota.

January 17, 2018.

Attorney(s) appearing for the Case

Douglas A. Kelley, in his capacityas the Trustee of the PCI Liquidating Trust, Plaintiff, represented by Tiffany M. Brown , Meagher & Geer PLLP, Shira R. Isenberg , Freeborn & Peters LLP & Neal H. Levin , Freeborn & Petters LLP.

William M. McDonald, Defendant, represented by David B. Galle , Fox Rothschild LLPP.

MEMORANDUM AND OPINION

At Minneapolis, Minnesota, January 17, 2018.

This proceeding came on for hearing upon William M. McDonald (the "Defendant")'s Motion to Dismiss Adversary Proceeding. For the reasons stated below, the Motion is denied.

The Defendant...

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