SUNCAL COMMUNITIES I LLC v. LEHMAN COMMERCIAL PAPER, INC.

Nos. 10-3631-cv, 10-3643

SUNCAL COMMUNITIES I LLC, SUNCAL COMMUNITIES III LLC, SCC/PALMDALE LLC, ACTON ESTATES LLC, SUNCAL BEAUMONT HEIGHTS LLC, SUNCAL EMERALD MEADOWS LLC, SUNCAL JOHANSSON RANCH LLC, SUNCAL BICKFORD RANCH LLC, SUNCAL SUMMIT VALLEY LLC, SEVEN BROTHERS LLC, KIRBY ESTATES LLC, SJD PARTNERS LTD., SJD DEVELOPMENT CORP., SCC COMMUNITIES LLC, NORTH ORANGE DEL RIO LAND LLC, TESORO SF LLC, Appellants, v. LEHMAN COMMERCIAL PAPER, INC., LEHMAN BROTHERS HOLDINGS INC., OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF LEHMAN BROTHERS HOLDINGS INC., ET AL., Appellees.

United States Court of Appeals, Second Circuit.

December 8, 2010.


Attorney(s) appearing for the Case

SEAN A. O'KEEFE ( Paul J. Couchot , on the brief), Winthrop Couchot, P.C., Newport Beach, CA., for Appellants.

ALFREDO R. PÉREZ , Weil, Gotshal & Manges LLP, Houston, TX, for Appellees Lehman Commercial Paper, Inc. and Lehman Brothers Holdings Inc.

DENNIS C. O'DONNELL ( Evan R. Fleck , Dennis F. Dunne , on the brief), Milbank, Tweed, Hadley & McCloy LLP, New York, NY., for Appellee Official Committee of Unsecured Creditors of Lehman Brothers Holdings Inc.

Present: ROBERT D. SACK, ROBERT A. KATZMANN, GERARD E. LYNCH, Circuit Judges.


AMENDED SUMMARY ORDER

ON CONSIDERATION WHEREOF, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of the district court is AFFIRMED.

Appellants (collectively, "SunCal") appeal from the September 10, 2010 judgment, following an August 27, 2010 opinion, of the District Court for the Southern District of New York (Holwell, J.), affirming two bankruptcy court orders (1) approving the unwinding of a transaction between...

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