Re: TPL BK Pacers
in response to
by
Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Re: TPL BK Pacers
Your Vote:
Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
More wood for the fire!
During this bankruptcy case, the pleadings filed by the Debtor, the Committee and other parties in interest have raised various claims and established numerous grounds on which the Derivative Actions are based, including, without limitation, the following: a. Within one year of the Petition Date, the Debtor made numerous transfers aggregating substantial amounts to insiders such as Leckrone, Alliacense, Susan Anhalt and Dwayne Hannah. b. The Debtor has scheduled debts to insiders based on compensation agreements between these insiders and Alliacense or "oral agreements" with these insiders. c. Certain insider claims of persons characterized by the Debtor as the 13%ers are based on undocumented and invalid assignment agreements. e. While it was insolvent and refusing to pay its non-insider creditors, TPL made distributions of over $700,000 to Leckrone and funded his purchase of two separate entities. It also paid the operating expenses of such entities and of Alliacense.
6 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply