- 11 U.S.C.
Mervyns LLC v. Lubert-Adler Group IV LLC (In re Mervyns Holdings LLC)
Mar
12
2010
Ruling
Subsequent transferee claim by committee of unsecured creditors against bank dismissed.
Procedural posture
Plaintiff unsecured creditors committee (the Committee) filed an adversary action to recover alleged damages from the financial transactions surrounding the sale of the debtor's assets in a private equity transaction. Defendant bank filed a motion to dismiss and the Committee filed a motion for leave to file a second amended complaint.
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Court
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