- 11 U.S.C.
Braunstein v. Sperbeck (In re Logistics Info. Sys.)
Mar
18
2009
Ruling
Debtor consolidated with new corporation created by principal with debtor's funds.
Procedural posture
Chapter 7 trustee filed a 10-count complaint against defendants, a corporation and various individuals, alleging, inter alia, that defendants made fraudulent conveyances under state law. The trustee sought an order requiring defendants to turn over assets to debtor corporation's bankruptcy law, and filed a motion for an order consolidating the debtor and defendant corporation. The case was tried to the court.
ABI Membership is required to access the full summary of Braunstein v. Sperbeck (In re Logistics Info. Sys.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: