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Rachmale v. Conese

Rachmale v. Conese

Ruling
Indemnification proceeding related to debtor's bankruptcy remanded on equitable grounds.
Issue(s)
Should removed indemnification lawsuit against debtor's former majority shareholder, CEO, President, and Chairman of the board of directors, who had since resigned and become a minority shareholder, be remanded?

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Consumer opinion summary, case decided on August 18, 2014 , LexisNexis #0914-065