- 28 U.S.C.
MD Acquisition LLC v. Myers
Feb
23
2009
Ruling
Action for rescission of stock purchase agreement transferred to bankruptcy court as related to pending case.
Procedural posture
Plaintiffs, a debtor and its purchaser, filed a motion to transfer to the bankruptcy court their complaint for recission of a stock purchase agreement or, in the alternative, damages for state law claims. Defendant employee filed a motion for permissive and mandatory abstention under 28 U.S.C.S. § 1334(c)(1) and (2) and equitable remand to the state court.
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Court
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