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· 8/17/1993

Drabkin v. L & L Construction Associates, Inc. (In Re Latin Investment Corp.)

Citations

  • 168 B.R. 1
  • 1993 Bankr. LEXIS 2168
  • 1993 WL 651315

How courts have described this case

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

  • concluding that the trustee had standing to sue for injuries to the debtor based on the allegations that the defendants perpetuated the business past the point of insolvency in order to loot it
  • concluding that the trustee had standing to sue for injuries to the debtor based on the allegations that the defendants perpetuated the business past the point of insolvency in order to loot it
  • concluding that the trustee had standing to sue for injuries to the debtor based on the allegations that the defendants perpetuated the business past the point of insolvency in order to loot it
  • finding that-the policy concerns of Cenco were not present because the shareholders who committed the fraud would not receive any distribution
  • trustee had standing to pursue claims based on injury to bankrupt corporation, but not claims based only on injuries to third-party creditors

Source: CourtListener parenthetical corpus (CC0).

Judges: Teel

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.