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IN RE SAGECREST II LLC

Case Nos. 08-50754 (AHWS), 08-50755 (AHWS), 08-50763 (AHWS), 08-50844 (AHWS), Jointly Administered Under Case No. 08-50754 (AHWS), Adv. Proc. No. 10-05042., 10-05066

IN RE: SAGECREST II LLC SAGECREST FINANCE LLC SAGECREST HOLDINGS LIMITED SAGECREST DIXON INC., Chapter 11, Debtors. SAGECREST II, LLC, Plaintiff, v. ACG CREDIT COMPANY II, LLC, ACG FINANCE COMPANY, LLC, FINE ART FINANCE, LLC, ART CAPITAL GROUP, LLC, ART CAPITAL GROUP, INC., ACG CREDIT COMPANY, LLC, AND IAN S. PECK, Defendants. SAGECREST II, LLC, Plaintiff, v. IAN S. PECK, ACG CREDIT COMPANY II LLC, ACG FINANCE COMPANY, LLC, FINE ART FINANCE LLC, ART CAPITAL GROUP, LLC, ART CAPITAL GROUP INC., and ACG CREDIT COMPANY, LLC, Defendants.

United States Bankruptcy Court, D. Connecticut, Bridgeport Division.

November 12, 2010.

Attorney(s) appearing for the Case

Robert S. Friedman, Esq., Mark E. McGrath, Esq., Sheppard, Mullin, Richter & Hampton, LLP, New York, NY, for the Plaintiff.

James Berman, Esq., Zeisler and Zeisler, Bridgeport, CT, for the Plaintiff.

Joshua H. Epstein, Esq., Sorin Royer Cooper LLC, New York, NY, For the Defendants.

Elizabeth J. Austin, Esq., Jessica Grossarth, Esq., Pullman & Comley, LLC, Bridgeport, CT, For the Defendants.

Memorandum and Order on Defendants' Motion to Amend Scheduling Order and Plaintiff's Cross Motion for Sanctions

ALAN H. S. SHIFF, Bankruptcy Judge.

These matters are brought in adversary proceedings related to the plaintiff's chapter 11 cases, which were commenced on August 17, 2008 and jointly administered under the lead case, number 08-50754, by order of this court. On June 3, 2010, the plaintiff commenced adversary proceeding number 10-5042, seeking recovery...

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