In Re: IT Grp Inc

Opinions of the United 2006 Decisions States Court of Appeals for the Third Circuit 7-10-2006 In Re: IT Grp Inc Precedential or Non-Precedential: Precedential Docket No. 05-2191 Follow this and additional works at: http://digitalcommons.law.villanova.edu/thirdcircuit_2006 Recommended Citation "In Re: IT Grp Inc " (2006). 2006 Decisions. Paper 667. http://digitalcommons.law.villanova.edu/thirdcircuit_2006/667 This decision is brought to you for free and open access by the Opinions of the United States Court of Appeals for the Third Circuit at Villanova University School of Law Digital Repository. It has been accepted for inclusion in 2006 Decisions by an authorized administrator of Villanova University School of Law Digital Repository. For more information, please contact Benjamin.Carlson@law.villanova.edu. PRECEDENTIAL UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT ________ No. 05-2191 _________ IN RE: IT GROUP, INC., Debtor JOHN ACCARDI; DAVID L. BACKUS; ROCHELLE BOOKSPAN; MELISSA L.DUBINSKY; DENNIS G. FENN; JOHN P. FRANZ; WILLIAM A. GAUNTT; THOMAS W. GRIMSHAW; DAVID W. HICKMAN; WARREN C. HOUSEMAN; STEPHEN C. KENNEY; JAMES R. MAHONEY; THOMAS R. MARTI; DAVIDW. MAYFIELD; WILLIAM H. MCINTOSH; ROY MCKINNEY; DAVID C.MCMURTRY; DANIEL C. MELCHIOR, III; GEORGEANN N. MOREKAS; WILLIAM C. PARIS; MATTHEW G. RADEK; KEVIN R. SMITH; LOUIS STOUT; LEONARD YAMAMOTO; JOHN E. FOLEY; JAMES M. REDWINE; STEWART BORNHOFT; ENZO ZORATTO; POLLY QUICK, Appellants v. IT LITIGATION TRUST; IT GROUP, INC., and their Affiliates, as employers and fiduciaries, administrators and sponsors of the Plan; CARLYLE PARTNERS II, LP, as fiduciary of the Plan and/or tortfeasor; ANTHONY DELUCA; FRANCIS J. HARVEY; HARRY J. SOOSE, as fiduciaries of the Plan and as officers; IT CORPORATION DEFERRED COMPENSATION PLAN EFFECTIVE JANUARY 1, 1996 _________ On Appeal from the United States District Court for the District of Delaware (D.C. Civil No. 04-cv-00146) District Judge: Honorable Joseph J. Farnan, Jr. __________ Argued April 3, 2006 Before: RENDELL, SMITH, and BECKER*, Circuit Judges (Filed : July 10, 2006) John M. Stull 1300 North Market Street P. O. Box 1947 Wilmington, DE 19899 _____________ * The Honorable Edward R. Becker died on May 19, 2006. 2 Thomas A. Johnson [ARGUED] Suite 201 33 West Mission Street Santa Barbara, CA 93101 Counsel for Appellants John Accardi; David L. Backus; Rochelle Bookspan; Melissa L. Dubinsky; Dennis G. Fenn; John P. Franz; William A. Gauntt; Thomas W. Grimshaw; David W. Hickman; Warren C. Houseman; Stephen C. Kenney; James R. Mahoney; Thomas R. Marti; David W. Mayfield; William H. McIntosh; Roy McKinney; David C. McMurtry; Daniel C. Melchior, III; Georgeann N. Morekas; William C. Paris; Matthew G. Radek; Kevin R. Smith; Louis Stout; Leonard Yamamoto; John E. Foley; James M. Redwine; Stewart Bornhoft; Enzo Zoratto; Polly Quick Jeffrey M. Schlerf The Bayard Firm 222 Delaware Avenue P. O. Box 25130, 9th Floor Wilmington, DE 19899 John K. Cunningham Ileana A. Cruz White & Case 200 South Biscayne Boulevard Suite 4900 3 Miami, FL 33131 Counsel for Appellees IT Litigation Trust; IT Group, Inc., and Their Affiliates, As Employers and Fiduciaries, Administrators and Sponsors of the Plan Mark D. Collins Jason M. Madron Richards, Layton & Finger One Rodney Square P. O. Box 551 Wilmington, DE 19899 Timothy L. Patten Latham & Watkins 555 11th Street, N.W. Suite 1000 Washington, DC 20004 Counsel for Appellees Carlyle Partners II, LP, as Fiduciary of the Plan And/or Tortfeasor Ronald S. Gellert Eckert, Seamans, Cherin & Mellott 1515 Market Street, Suite 900 Philadelphia, PA 19102 4 Mark A. Willard Delia B. Bianchin Sandra R. Mihok Eckert, Seamans, Cherin & Mellott 600 Grant Street, 44th Floor Pittsburgh, PA 15219 Counsel for Appellee Anthony DeLuca Michael J. Prame [ARGUED] Groom Law Group Chartered 1701 Pennsylvania Avenue, N.W. Suite 1200 Washington, DC 20006 Counsel for Appellee Francis J. Harvey Charles A. DeMonaco Dickie, McCamey & Chilcote Two PPG Place Suite 400 Pittsburgh, PA 15222-5402 Counsel for Appellee Harry J. Soose, as Fiduciaries of the Plan and as Officers 5 __________ AMENDMENT TO PRECEDENTIAL OPINION AND JUDGMENT OF THE COURT __________ Upon consideration of the uncontested motion by United States Trustee requesting that the Court issue an Order Amending the Opinion and Caption to delete the reference to “Mark S. Kenny, Trustee,” it is hereby ORDERED that the captions of the Court’s Opinion and Judgment entered on May 25, 2006 be and the same are hereby so amended. BY THE COURT: /s/ Marjorie O. Rendell ___________________________ Circuit Judge Dated: July 10, 2006 6