JLL Consultants, Inc. v. Gothner (In re AgFeed USA, LLC)
United States Bankruptcy Court, D. Delaware
1Opinion of the Court
OPINION
Brendan Linehan Shannon, Chief United States Bankruptcy Judge
Before the Court is Defendant K. Ivan F. Gothner’s (“Gothner”) Motion to Dismiss the Complaint (the “Motion”) [Adv. Docket No. 7] filed by JLL Consultants, Inc. (“JLL”) as trustee for the AgFeed Liquidating Trust. JLL initiated this adversary proceeding against Gothner alleging that Gothner’s conduct during his time as a director, Chair of the Audit Committee, Vice-Chairman and Chairman of the Board of AgFeed Industries, Inc. (“Ag-Feed”), constituted (i) a breach of fiduciary duty; (ii) gross mismanagement; (iii) an abuse of…
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