Fox v. Hathaway (In Re Chi. Mgmt. Consulting Grp., Inc.)
Court of Appeals for the Seventh Circuit
1Opinion of the Court
Sykes, Circuit Judge.
Frank Novak tragically took his own life in February 2012. He left his company, Chicago Management Consulting Group, Inc., to his close friend Debra Comess. She was not in a position to manage the struggling firm, so she initiated bankruptcy proceedings almost immediately after Novak's death.
The Chapter 7 Trustee discovered numerous transfers from Chicago Management Consulting Group's coffers to Comess and Julia Hathaway-another Novak companion who ran a small yoga studio. Believing the transfers to be fraudulent under the Bankruptcy Code, the Trustee sought to reclaim…
2Cases cited18 opinions
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