- FRBP
In re Tagt LP
Oct
11
2006
Ruling
Manager of two debtors sanctioned for filing petitions in bad faith with intent to injure debtors'owners.
Procedural posture
A recalcitrant manager of debtors, a limited partnership and a limited liability company that was the general partner of the former, filed bankruptcy petitions on behalf of the debtors. Movants, the principal owners of the debtors, sought sanctions against the recalcitrant manager and his attorneys. The central issue was whether the bankruptcy petitions were filed in bad faith and sanctions were warranted under Fed. R. Bankr. P. 9011.
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Court
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