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IN RE RADNOR HOLDINGS CORPORATION

Nos. 06-10894(KG), 12-51308(KG).

In re RADNOR HOLDINGS CORPORATION, et al., Debtors, MICHAEL T. KENNEDY, MTK TRUST FBO RYAN KENNEDY, MTK TRUST FBO SEAN M. KENNEDY, MTK TRUST FBO MICHAELA C. KENNEDY, MTK TRUST FBO CONNOR R. KENNEDY, Plaintiffs, v. SKADDEN ARPS MEAGER & FLOM LLP; SK PRIVATE INVESTMENT FUND 1998 LLC; RICHARD T. PRINS, ESQUIRE; GREGG M. GALARDI, ESQUIRE; TENNENBAUM & CO. LLC; TENNENBAUM CAPITAL PARTNERS, LLC; BABSON & CO. LLC; SPECIAL VALUE EXPANSION FUND, LLC; SPECIAL VALUE OPPORTUNITIES FUND, LLC; MICHAEL E. TENNENBAUM; SUZANNE S. TENNENBAUM; DAVID A. HOLLANDER; MARK K. HOLDSWORTH; HOWARD M. LEVKOWITZ; RICHARD E. SPENCER; JOSE FELICIANO; ALVEREZ & MARSAL, INC. and STANFORD M. SPRINGEL, Defendants.

United States Bankruptcy Court, D. Delaware.

April 22, 2016.

Attorney(s) appearing for the Case

Radnor Holdings Corporation, et al., Debtors in Possession, Plaintiff, represented by Michael T. Kennedy , Radnor Holdings Corporation.

Skadden Arps Slate Meagher & Flom LLP, Defendant, represented by Jason M. Liberi , Skadden, Arps, Slate, Meagher & Flom LLP, James G. McMillian, III , Pepper Hamilton LLP, David B. Stratton , Pepper Hamilton LLP.

Skadden Arps SK Private Investment Fund 1998 c/o Skadden Arps, Defendant, represented by Gregg M. Galardi , DLA Piper LLP.

Tennenbaum Capital Partners, LLC, Defendant, represented by Cory D. Kandestin , Richards, Layton & Finger, P.A., Russell C. Silberglied , Richards, Layton & Finger.

Alvarez and Marsel LLC, Defendant, represented by Peter J. Keane , Pachulski Stang Ziehl & Jones LLP.

SK Private Investment Fund 1998 LLC, Defendant, represented by Gregg M Galardi , DLA Piper LLP.

MEMORANDUM OPINION1

Re: D.I. Nos. 29, 33, 110 & 112

This Memorandum Opinion addresses the motions to dismiss the Complaint2 which the Skadden Defendants3 and the Tennenbaum Defendants...

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