Anaconda-Ericsson, Inc. v. Hessen (In Re Teltronics Services, Inc.)

How courts have described this case

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

• holding that “it is incumbent upon the [ob-jectant] to demonstrate that [the non-insider] engaged in very substantial misconduct tantamount to fraud, overreaching or spoliation, which caused other creditors of [the debtor] to suffer damages”
• no control despite restrictions on outside financing, monitoring finances of debtors and making recommendations on debtor's business decisions
• “There is nothing inherently wrong with a creditor carefully monitoring his debtor’s financial situation or with suggesting what courses of action the debtor ought to follow.”
• no control despite restrictions on outside financing, monitoring finances of debtors and making recommendations on debtor’s business decisions

Source: CourtListener parenthetical corpus (CC0).