No. 25-208

Delaware Trust Company v. Ad Hoc Group of Senior Secured Noteholders, et al.

Lower Court: Fifth Circuit
Docketed: 2025-08-20
Status: Denied
Type: Paid
Experienced Counsel
Tags: bankruptcy-code court-discretion estate-recovery monetary-judgment property-transfer value-compensation
Key Terms:
Privacy JusticiabilityDoctri
Latest Conference: 2025-11-21
Question Presented (AI Summary)

Whether Section 550(a) of the U.S. Bankruptcy Code gives a bankruptcy court discretion both to order the return of transferred property to the estate and to award the estate a monetary judgment to compensate for the decline in value of the returned property since its transfer

Question Presented (OCR Extract)

Whether Section 550(a) of the U.S. Bankruptcy Code gives a bankruptcy court discretion both to order the return of transferred property to the estate and to award the estate a monetary judgment to compensate for the decline in value of the returned property since its transfer.

Docket Entries

2025-11-24
Petition DENIED. The Chief Justice and Justice Alito took no part in the consideration or decision of this petition.
2025-11-05
DISTRIBUTED for Conference of 11/21/2025.
2025-11-04
Reply of Delaware Trust Company, as Lien-Related Litigation Creditor Representative submitted.
2025-11-04
Reply of petitioner Delaware Trust Company filed. (Distributed)
2025-10-20
Brief of Ad Hoc Group of Senior Secured Noteholders and DIP Lenders in opposition submitted.
2025-10-20
Brief of respondents Ad Hoc Group of Senior Secured Noteholders, et al. in opposition filed.
2025-09-02
Motion to extend the time to file a response is granted and the time is extended to and including October 20, 2025.
2025-08-29
Motion of Ad Hoc Group of Senior Secured Noteholders and DIP Lenders for an extension of time submitted.
2025-08-29
Motion to extend the time to file a response from September 19, 2025 to October 20, 2025, submitted to The Clerk.
2025-08-18
Petition for a writ of certiorari filed. (Response due September 19, 2025)

Attorneys

Ad Hoc Group of Senior Secured Noteholders and DIP Lenders
Noel John FranciscoJones Day, Respondent
Noel John FranciscoJones Day, Respondent
Delaware Trust Company, as Lien-Related Litigation Creditor Representative
John Franklin BashQuinn Emanuel Urquhart & Sullivan, LLP, Petitioner
John Franklin BashQuinn Emanuel Urquhart & Sullivan, LLP, Petitioner