Legal Opinion

BIP Quadrant 4 System Debt Fund, LLC v. Thondavadi

United States Bankruptcy Court, N.D. Illinois

Decided October 14, 2020No. 19-00819Unknown

1Opinion

UNITED STATES BANKRUPTCY COURT : NORTHERN DISTRICT OF FLLINOIS EASTERN DIVISION In re: Quadrant 4 System Corporation, et al., Debtor. Chapter 11 Bankruptcy No. 17-19689 BIP Quadrant 4 System Debt Fund, Honorable Judge Jack B. Schmeiterer LLC, . Plaintiff. Adversary No. 19-00819 v. Nandu Thondavadi, et al., Defendants. OPINION ON MOTION TO DISMISS THE AMENDED COMPLAINT [DKT. NO. 69] Defendants Philip Firrek, Thomas Sawyer, and Eric Gurr (together, the “Independent Directors”) move to dismiss Debtor BIP Quadrant 4 System Debt Fund, LLC’s (the “Plaintiff’) Amended Complaint. For the reasons…

2Cases cited7 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bonte v. U.S. Bank, N.A.Court of Appeals for the Seventh Circuit · 2010
  3. In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
  4. Susan Ball v. Cherie KotterCourt of Appeals for the Seventh Circuit · 2013
  5. Graham v. Allis-Chalmers Manufacturing CompanySupreme Court of Delaware · 1963

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