The debtor is eligible to be in bankruptcy in the United States where it has property and a place of business through the trustee and the collateral manager.
September 08, 2011 at 04:40 PM
1 minute read
In re Zais Investment Grade Limited VII, No. 11-20243; U.S. Bankruptcy Court (DNJ); opinion by Lyons, U.S.B.J.; filed August 26, 2011. DDS No. 42-6-xxxx [16 pp.]
Hildene Capital Management and Hildene Opportunities Master Fund, Ltd. (the movants), noteholders in a junior class, filed a motion to dismiss this involuntary Chapter 11 case filed by senior noteholders. Zais Group, L.L.C. (the collateral manager) and Babson Capital Management, a senior noteholder, join in the motion.
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