Legal Opinion
In re DesignLine Corp.
United States Bankruptcy Court, W.D. North Carolina
Decided January 20, 2017No. Case No. 13-31943, Case No. 13-31944PublishedCited by 5 opinions
1Opinion of the Court
ORDER DENYING THE LIQUIDATING TRUSTEE’S MOTION TO OBTAIN LITIGATION FINANCING
J. Craig Whitley, United States Bankruptcy Judge
This matter is before the Court on the request by Elaine Rudisill, liquidating trustee of the DesignLine Corporation bankruptcy estate, to obtain financing to *343prosecute law suits against the debtors’ former officers and directors. Specifically, the trustee proposes to “sell” a “portion of the proceeds” from three adversary proceedings to RDSL 1603-421 LLC (RDSL), an affiliate of Parabellum Capital LLC. Because this unusual agreement between the trustee and RDSL…
2Cases cited9 opinions
- Elliott Associates, L.P. v. Banco De La Nacion and the Republic of PeruCourt of Appeals for the Second Circuit · 1999
- Charlotte-Mecklenburg Hospital Authority v. First of Georgia InsuranceSupreme Court of North Carolina · 1995
- Smith v. . HartsellSupreme Court of North Carolina · 1908
- Wright v. Commercial Union InsuranceCourt of Appeals of North Carolina · 1983
- Odell v. Legal Bucks, LLCCourt of Appeals of North Carolina · 2008
4 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
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