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IN RE METRO-GOLDWYN-MAYER STUDIOS INC.

No. 10-15774 (SMB).

459 B.R. 550 (2011)

In re METRO-GOLDWYN-MAYER STUDIOS INC., Reorganized Debtor.

United States Bankruptcy Court, S.D. New York.

November 7, 2011.

Attorney(s) appearing for the Case

Skadden, Arps, Slate, Meagher & Flom LLP, Glenn S. Walter, Esq. , Jay M. Goffman, Esq. , Rick C. Madden, Esq. , Of Counsel, New York, NY, Klee, Tuchin, Bogdanoff & Stern LLP, Kenneth N. Klee, Esq. , Michael L. Tuchin, Esq. , David A. Fidler, Esq. , Of Counsel, Los Angeles, CA, for the Reorganized Debtor.

MEMORANDUM DECISION AND ORDER DENYING REORGANIZED DEBTOR'S MOTION FOR AUTHORIZATION TO ENTER INTO CERTAIN TRANSACTIONS

STUART M. BERNSTEIN, Bankruptcy Judge.

Metro-Goldwyn-Mayer Studios Inc. ("MGM") has moved in this confirmed chapter 11 case for authority to enter into transactions by which it will purchase the debts of a wholly-owned subsidiary and secure the authority to release the debts owed by another subsidiary (the "Motion"). (See Motion of Metro...

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