Kismet Acquisition LLC v. Icenhower (In re Icenhower)
Mar
10
2009
Ruling
Attorneys for transferees of debtor sanctioned for role in clients'bad faith conduct.
Procedural posture
The bankruptcy court had awarded compensatory damages for contempt against defendant transferees. Because of evidence adduced at the contempt hearing, the court issued a sua sponte expanded order to show cause, ordering certain of the transferees'attorneys to show cause why they should not be held jointly and severally liable for the contempt sanctions. The court held evidentiary hearings on the expanded show cause order.
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Court
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