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IN RE SCH CORP.

Bank. No.09-10198(BLS), Civ. No. 12-1576-SLR.

In re: SCH CORP., et al., Debtors. CFI Class Action Claimants, Chapter 11. Appellants, v. Carl Singley, Responsible Officer Appellee.

United States District Court, D. Delaware.

April 2, 2014.

Attorney(s) appearing for the Case

CFI Class Action Claimants, Appellant, represented by Christopher D. Loizides , Loizides & Associates, Howard I. Langer & Irv Ackelsberg .

Carl Singley, Appellee, represented by Anthony Michael Saccullo , A M Saccullo Legal, LLC, Daniel Kevin Astin , Ciardi Ciardi & Astin, John Daniel McLaughlin, Jr. , Ciardi Ciardi & Astin, Joseph J. McMahon, Jr. , Ciardi Ciardi & Astin & Thomas Henry Kovach , A M Saccullo Legal, LLC.

MEMORANDUM

SUE ROBINSON, District Judge.

At Wilmington this 2nd April, 2014 having reviewed the appeal taken by the CFI class action claimants1("CFI claimants"), and the papers submitted in connection therewith; the court issues its decision based on the following analysis:

1. Background.2 Carl Singley ("Singley") is the disbursing agent, litigation designee, and responsible officer...

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