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Home / Opinion Digests / No ‘Contribution’ Without Debtor’s ILSA Payment (access required)

No ‘Contribution’ Without Debtor’s ILSA Payment (access required)

A district court did not err in dismissing a bankruptcy trustee’s adversary action against two real estate development companies and several of their sales and marketing affiliates on a claim that they jointly engaged in a scheme to sell properties at inflated prices in subdivisions in North and South Carolina and are liable for contribution ...