IDS Holding Co., LLC v. Madsen (In Re IDS Holding Co., LLC)
United States Bankruptcy Court, D. Connecticut
1Opinion of the Court
RULING GRANTING DEFENDANTS MOTION FOR SUMMARY JUDGMENT AS TO COUNT I AND DENYING MOTION AS TO COUNTS II THROUGH VI OF THE COMPLAINT
ROBERT L. KRECHEVSKY, Bankruptcy Judge.
I
IDS Holding Company, LLC, the plaintiff and the debtor in possession in this Chapter 11 case (“IDS”), on May 15, 2002, filed a six-count complaint seeking to recover 13,748 shares of corporate common stock, or their value, from the defendant, James Madsen (“Madsen”). Madsen, on December 16, 2002, filed a motion for summary judgment in his favor on all counts. IDS has filed papers opposing the motion to which Madsen has not…
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