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
Latest Conference: 2025-11-21
Question Presented (from Petition)

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 (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

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
Delaware Trust Company, as Lien-Related Litigation Creditor Representative
John Franklin BashQuinn Emanuel Urquhart & Sullivan, LLP, Petitioner