All Steel Violated Orleans Ch. 11 Stay, Judge Says

Law360, New York (March 8, 2011, 6:22 PM EST) -- A Delaware bankruptcy judge ruled Tuesday that All Steel Supply Inc. had willfully violated the automatic stay in Orleans Homebuilders Inc.'s Chapter 11 by removing 800-pound I-beams, columns and other steel from homesites after learning of the bankruptcy.

Judge Peter J. Walsh found that Orleans could recover actual damages because of the violation, but said he would not decide exactly how much the builder should recover in attorneys' fees — or whether it should get punitive damages — until after a hearing in the U.S. Bankruptcy...
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