Sears v. Sears (In re Afy Inc.)
Dec
11
2014
Ruling
Bankruptcy court abstained from hearing state law claims by shareholders of debtor corporation against family members who sold shares.
Issue(s)
Should the bankruptcy court abstain from hearing state law claims brought by current shareholders of debtor corporation against former shareholders of the corporation concerning the terms of the sale of the former shareholders' stock to the current shareholders, all members of the same extended family?
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Court
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