Creditors' Committee for Jermoo's Inc. v. Jermoo's Inc. (In Re Jermoo's Inc.)

How courts have described this case

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

• explaining that “the court is free in a proper case to realign the parties according to their true interests”
• contract terminated after debtor had been in arrears for 18 months and had failed to replace dishonored checks
• committee standing granted to bring preference and fraudulent transfer actions where the debt- or-in-possession failed to act
• that case was not brought in the name of the debtor could be corrected under Fed.R. Civ.P. 17 incorporated by Bankruptcy Rule 7017, and answer of debtor in possession suggests ratification of complaint
• creditors’ committee allowed to bring preference action
• franchise agreement terminated by passage of time

Source: CourtListener parenthetical corpus (CC0).