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Illinois Central Railroad Co. v. Bio Additives

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY


December 20, 2006

ILLINOIS CENTRAL RAILROAD COMPANY, PLAINTIFF,
v.
BIO ADDITIVES, LLC, DEFENDANT.

The opinion of the court was delivered by: Mary L. Cooper United States District Judge

MEMORANDUM OPINION

THE PLAINTIFF advising the Court that the defendant "is the subject of a bankruptcy proceeding in the United States Bankruptcy Court for the Eastern District of New York" (12-19-06 Pl. Letter); and the plaintiff "request[ing] that the Court administratively dismiss this case while the matter proceeds in Bankruptcy Court, giving the plaintiff an opportunity to revive the matter should the debtor be dismissed from bankruptcy without the resolution of the claims the plaintiff has against it" (id.); and thus the Court intending to stay and administratively terminate the action, with leave to reopen on good cause shown; and for good cause appearing, the Court will issue an appropriate order and judgment.*fn1


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