Wachovia Pursues Case Against Delphi Manager

Law360, New York (June 15, 2007, 12:00 AM EDT) -- Wachovia Bank has appealed a bankruptcy court decision stopping it from proceeding with a lawsuit it brought against a manager at bankrupt Delphi Corp.

The U.S. District Court for the Southern District of New York took the case Thursday, after the bank appealed the May 2 decision of Judge Robert D. Drain in the U.S. Bankruptcy Court in the Southern District of New York.

Delphi had objected to Wachovia's request to lift the stay in the lawsuit the bank filed against Larry Graves in Mississippi state...
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