GenCanna Acquisition Corp. v. 101 Enterprises, LLC

UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF KENTUCKY LEXINGTON DIVISION IN RE OGGUSA, INC. CASE NO. 20-50133 DEBTOR GENCANNA ACQUISITION CORP. PLAINTIFF V. ADV. NO. 23-5036 101 ENTERPRISES, LLC, ET AL. DEFENDANTS MEMORANDUM OPINION The Debtor GenCanna Global, USA owned a 50% interest in 4274 Colby, LLC, a Kentucky limited liability company (the “Company”). The Plaintiff GenCanna Acquisition Corp. acquired the Debtor’s interest in the Company in a bankruptcy sale of substantially all the Debtor’s assets. Defendant 101 Enterprises, LLC owns the other 50% interest in the Company.…