Brandt v. Wand Partners
Court of Appeals for the First Circuit
1Opinion of the Court
BOUDIN, Circuit Judge.
This case arises out of the failure and chapter 7 bankruptcy of Healthco International, Inc. (“Healthco”), a major global distributor of dental products and services. Following this debacle, the chapter 7 trustee brought the present case on behalf of the estate against numerous parties alleged to have been responsible for, or beneficiaries of, the leveraged buyout that precipitated the collapse of Healthco. We begin with a short history of the transactions and proceedings, and then address the claims on appeal made by the bankruptcy trustee, William Brandt. 1
I. Factual…
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