- 11 U.S.C.
Leibowitz v. Great America Group Inc.
Mar
18
2009
Ruling
Bankruptcy court did not err in failing to set aside sale of estate assets on grounds of fraud absent showing of loss by purchaser.
Procedural posture
Bankruptcy trustee filed an action against a company that purchased a bankrupt store's inventory and a bank, which was the store's principal creditor and held a security interest in the inventory. The company appealed after the United States District Court for the Northern District of Illinois reversed a judgment rendered by the bankruptcy court in its favor on its claim for a refund.
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Court
:
Judge or Jurisdiction information not available