Aluminum Mills Corp. Ex Rel. Official Unsecured Creditors Committee v. Citicorp North America, Inc. (In Re Aluminum Mills Corp.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that equitable subordination claim is stated where plaintiff has alleged lender was a party to a fraudulent act that injured other creditors
• denying motion to dismiss claim for aiding and abetting breach of fiduciary duty against lender involved in leveraged buyout
• denying motion to dismiss complaint alleging asset sale leveraged buyout was a fraudulent conveyance
• non-fiduciary may act strategically to protect itself to the potential detriment of others
• “[t]here is no duty of ‘kindness’ among non-fiduciaries”

Source: CourtListener parenthetical corpus (CC0).