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Home / Opinion Digests / Investors’ Claims Survive After Novation (access required)

Investors’ Claims Survive After Novation (access required)

In this litigation arising out of the chapter 7 bankruptcy of Starlight Group LLC, a real estate investment entity formed in 2004, the Alexandria U.S. District Court upholds a bankrupt­cy court decision finding that the real estate agent who founded debtor LLC had obtained a novation of his two orig­inal investors’ claims by constructive and ...

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