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Redmond v. Jenkins (In re Alternate Fuels Inc.)

Redmond v. Jenkins (In re Alternate Fuels Inc.)

Ruling
Debt for promissory notes issued to stockholder should not have been recharacterized as equity.
Issue(s)
Whether a transaction labeled as a loan should be recharacterized as an equity investment?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 12, 2015 , LexisNexis #0715-003