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In re Talisman Marina Inc.

In re Talisman Marina Inc.

Ruling
Denial of sanctions against debtor and debtor's president and counsel affirmed on reconsideration absent factual evidence.
Procedural posture

In this dismissed chapter 11 case filed by respondent debtor corporation (debtor), movant state court litigants (movants) filed a motion for reconsideration or rehearing of an order denying their motion for sanctions against the debtor and respondents, the debtor's president and the debtor's counsel, under Fed. R. Bankr. P. 9011 and 11 U.S.C.S. § 105.

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Commercial opinion summary, case decided on October 16, 2008 , LexisNexis #1108-037