In the Matter of Central Ice Cream Company, Debtor. Appeals of Joan G. Rafel and George S. Kamberos, Bernard C. Chaitman, Trustee
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
People who win a big jackpot in the lottery discover that they have more lifelong friends than they remembered. Central Ice Cream Co. won a $52 million verdict in state court in a fraud and contract suit against McDonald’s Corp. and discovered that people owned 372% of its shares. Lawyers, too, have queued up. This case is about their requests for fees as sanctions for overzealousness in pursuing claims to the kitty.
I
When it won the verdict Central was bankrupt, its suit the estate’s principal asset. McDonald’s filed post-trial motions but offered a settlement of…
2Cases cited22 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Butner v. United StatesSupreme Court of the United States · 1979
- Szabo Food Service, Inc. v. Canteen CorporationCourt of Appeals for the Seventh Circuit · 1987
- Morton M. Hill, Jr. v. Norfolk and Western Railway CompanyCourt of Appeals for the Seventh Circuit · 1987
- Scandia Down Corporation, a California Corporation, and Goose Down, Inc., an Illinois Corporation v. Euroquilt, Inc., a New Jersey CorporationCourt of Appeals for the Seventh Circuit · 1985
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- Carl Kale v. Combined Insurance Company of America, Carl Kale v. Combined Insurance Company of AmericaCourt of Appeals for the First Circuit · 1988
- In re Trados Inc. Shareholder LitigationCourt of Chancery of Delaware · 2013
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