Legal Opinion
Haseotes v. Cumberland Farms, Inc.
Court of Appeals for the First Circuit
Decided March 27, 2002No. 01-1344PublishedCited by 33 opinions
1Opinion of the Court
LIPEZ, Circuit Judge.
In 1992, Cumberland Farms, Inc. (“Cumberland”), a close corporation owned by the six siblings of the Haseotes family, filed a petition for reorganization under Chapter 11 of the Bankruptcy Act. Dem- etrios B. Haseotes — one of Cumberland’s directors and the appellant here — filed claims against the corporation for roughly $3 million of prepetition indebtedness owed on certain promissory notes. In response, Cumberland asserted a set-off claim of approximately $5.75 million, arguing that Haseotes breached his duty of loyalty when he caused his wholly-owned company to pay…
2Cases cited21 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Demoulas v. Demoulas Super Markets, Inc.Massachusetts Supreme Judicial Court · 1997
- Donahue v. Rodd Electrotype Co. of New England, Inc.Massachusetts Supreme Judicial Court · 1975
- Jennifer Venters v. City of Delphi and Larry IvesCourt of Appeals for the Seventh Circuit · 1997
- In Re G.S.F. CORPORATION, Debtor, Chase Commercial Corporation, AppellantCourt of Appeals for the First Circuit · 1991
16 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Davignon v. ClemmeyCourt of Appeals for the First Circuit · 2003
- González-Pérez v. Hospital Interamericano De Medicina Avanzada (HIMA)Court of Appeals for the First Circuit · 2004
- United States v. ThurstonCourt of Appeals for the First Circuit · 2003
- Holyoke Nursing Home, Inc. v. Health Care Financing AdministrationCourt of Appeals for the First Circuit · 2004
- Fustolo v. 50 Thomas Patton Drive, LLCCourt of Appeals for the First Circuit · 2016
28 more not listed; retrieve them via the Exa API.