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Anderson v. Cain

Anderson v. Cain

Ruling
State law case that would determine value of 97 percent of claims against the estate remanded.
Procedural posture

Plaintiffs filed an action against defendants in state court alleging that defendants conspired to misappropriate funds that were intended for the sale of plaintiffs' property and that as a result of defendants' conduct the sale did not go forward and plaintiffs lost the benefit of the sale. Defendant debtors removed the matter to the court, and plaintiffs filed a motion for abstention or to remand the matter to state court.

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Consumer opinion summary, case decided on July 24, 2008 , LexisNexis #0808-086