Peterson ex rel. Estates of Lancelot Investors Fund, L.P. v. Somers Dublin Ltd.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Chief Judge.
After Gregory Bell’s mutual funds, known as the Lancelot or Colossus group (collectively “the Funds”), folded in late 2008, their trustee in bankruptcy filed many independent suits or adversary actions seeking to recover from solvent third parties. Last year we considered the Trustee’s claims against the Funds’ auditor. Peterson v. McGladrey & Pullen, LLP, 676 F.3d 594 (7th Cir.2012). These appeals concern the Trustee’s claims against some of the Funds’ investors, which the Trustee believes received preferential transfers or fraudulent conveyances. Another appeal,…
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