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Investor/CEO Claims Allowed Against Debtor (access required)

In this dispute between debtor, a manager-managed LLC that provides wireless Internet services in rural areas, and an investor/former CEO, the Charlottesville U.S. District Court upholds a bankruptcy court decision that allowed claims by the investor/CEO, over objections by debtor ...

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Merged Company Claims Escrow Funds (access required)

In this involuntary bankruptcy proceeding of a debtor that merged with counterclaim defendant prior to the bankruptcy, the Richmond U.S. District Court denies the counterclaim defendant’s motion to withdraw reference and to sever the trustees’ counterclaims challenging the counterclaim defendants’ ...

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