In re: Allied Nevada Gold Corp., et al.
Filing
3
Recommendation that Bankruptcy Appeal be withrawn from mandatory mediation. Signed by Judge Mary Pat Thynge on 11/19/15. (cak)
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF DELAWARE
In re:
:
:
ALLIED NEVADA GOLD CORP., ET AL., :
:
Debtor.
:
__________________________________ :
:
AD HOC COMMITTEE OF
:
SHAREHOLDERS,
:
:
Appellant,
:
:
v.
:
:
ALLIED NEVADA GOLD CORP., et al.,
:
:
Appellees.
:
__________________________________ :
Bankruptcy No. 15-10503 (MFW)
BAP No. 15-59
C. A. No. 15-946-SLR
RECOMMENDATION
At Wilmington this 19th day of November, 2015.
WHEREAS, pursuant to paragraph 2(a) of the Procedures to Govern
Mediation of Appeals from the United States Bankruptcy Court for this District dated
September 11, 2012, a teleconference was held on November 16, 2015 for an initial review
and discussion with counsel and the parties to determine the appropriateness of mediation
in this matter;
WHEREAS, as a result of the above screening process, the issues involved
in this case are not amenable to mediation and mediation at this stage would not be a
productive exercise, a worthwhile use of judicial resources nor warrant the expense of the
process.
Neither side felt that mediation would be fruitful or helpful and would
unnecessarily delay the resolution of the appeals. Appellants in the related actions are an
individual holder and an alleged Ad Hoc Committee of certain holders of the equity interests
in the Debtors that were cancelled on the Effective Date under the terms of the Debtors’
Amended Joint Chapter 11 Plan of Reorganization. Appellants appeal the Bankruptcy
Court order confirming the Plan.
THEREFORE, IT IS RECOMMENDED that, pursuant to paragraph 2(a)
Procedures to Govern Mediation of Appeals from the United States Bankruptcy Court for
this District and 28 U.S.C. § 636(b), this matter along with the companion matter 15-949SLR be withdrawn from the mandatory referral for mediation and proceed through the
appellate process of this Court. The parties have advised there will be no objections filed
to this Recommendation pursuant to 28 U.S.C. § 636(b)(1)(B), FED. R. CIV. P. 72(a) and D.
DEL. LR 72.1.
Local counsel are obligated to inform out-of-state counsel of this Order.
/s/ Mary Pat Thynge
UNITED STATES MAGISTRATE JUDGE
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