Microchip Wants Sealed $1.5M Delphi Case Axed

By Hilary Russ

Law360, New York (March 16, 2010, 2:19 PM ET) -- Microchip Technology Inc. has hit back at Delphi Corp., asking a bankruptcy judge to throw out Delphi's $1.5 million adversary case and accusing the formerly bankrupt auto parts supplier of manipulating the Bankruptcy Code.

Delphi ran out the clock long ago for pursuing the case, despite a secretive series of deadline extensions, according to the motion by Microchip, filed on Monday in the U.S. Bankruptcy Court for the Southern District of New York.

By filing the complaint under seal, then filing a series of motions —...
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