In Re: Magnesium Corporation of America
| Magnesium Corporation of America |
| The Renco Group, Inc. and Ira Leon Rennert |
| Lee E. Buchwald |
| 1:2016cv06822 |
| August 30, 2016 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| New York |
| Alison J. Nathan |
| Appeal |
| 28 U.S.C. ยง 0158 |
| None |
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| Document Text |
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Filing
26
MEMORANDUM & ORDER granting in part 15 Motion to Dismiss. Because the Renco Appellants failed to obtain a stay of the sale, the Court grants the motion except as to the question of whether there was a good faith purchaser. And because the Bank ruptcy Court did not err in concluding that there was a good faith purchaser, the Court dismisses the appeal. The Appellants' appeal is moot except to the extent that they make a good faith purchaser challenge, and the Bankruptcy Court did no t err in concluding that AEM was a good faith purchaser. The Court accordingly grants the Trustee's motion to dismiss in part, and the Court also dismisses this appeal. This resolves Docket Number 15. The Clerk of the Court is respectfully requested to close this case, and as further set forth herein. (Signed by Judge Alison J. Nathan on 7/18/2017) (ras)
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