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U.S. BANK NAT. ASS'N v. VERIZON COMMUNICATIONS

No. 13-10752.

761 F.3d 409 (2014)

U.S. BANK NATIONAL ASSOCIATION, Litigation Trustee of the Idearc, Inc., et al., Litigation Trust, Plaintiff-Appellant v. VERIZON COMMUNICATIONS, INCORPORATED; GTE Corporation; John W. Diercksen; Verizon Financial Services, L.L.C., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

As Revised September 2, 2014.

Attorney(s) appearing for the Case

Karen S. Precella, Esq. , Haynes & Boone, L.L.P., Fort Worth, TX, Nicholas A. Foley, Esq. , Neligan Foley, L.L.P., Anne McGowan Johnson , Patrick D. Keating , Robin Eric Phelan , Werner Anthony Powers, Esq. , Haynes & Boone, L.L.P., Dallas, TX, for Plaintiff-Appellant.

Scott Harris Angstreich, Esq. , Reid Mason Figel , David Lawrence Schwarz, Esq. , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., Washington, DC, T. Ray Guy , Weil, Gotshal & Manges, L.L.P., James Robert Amett, II , Attorney, Edgar Leon Carter, Carter Scholer Amett Hamada & Mockler, Dallas, TX, for Defendants-Appellees.

Before KING, HAYNES, and GRAVES, Circuit Judges.

KING and HAYNES, Circuit Judges:

Idearc, Inc. is a Delaware corporation that was spun-off from its parent corporation, Verizon Communications, Inc., in 2006. In March 2009, in the throes of the recession that began in 2008, Idearc filed for bankruptcy protection pursuant to Chapter 11. The confirmed plan of reorganization created a litigation trust to pursue, inter alia, Idearc's fraudulent transfer claims against Verizon and related parties. The Trustee, U.S. Bank...

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