Court of Appeals for the Second Circuit January 4, 2001, No. 00-5032 (Ad Hoc Comittee on Bondholders v. Citicorp Venture Capital Ltd.)

SUMMARY ORDER

UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED AND DECREED that the judgment of the district court be, and it hereby is, AFFIRMED.

Appellant is a group of subordinated bondholders of the debtor, Fairwood Corporation. Fairwood was formed in a leveraged buyout of entities owned and controlled by Citicorp Venture Capital Fund, Ltd. (“Citicorp”).