Kalamazoo Manufacturing Co. v. Anderson

MEMORANDUM AND ORDER

PATRICK F. KELLY, District Judge.

This is a common law fraud action brought by plaintiff Kalamazoo Manufacturing Company (“Kalamazoo”). Kalamazoo claims the defendant Ace Equipment Company (“Ace”), while insolvent, pur chased equipment from Kalamazoo with the intent not to pay for the equipment. Plaintiff further asserts that Ace concealed its financial condition from Kalamazoo as well as its intent not to pay, and Kalamazoo relied upon these actions to its detriment.

In addition to Ace, Kalamazoo originally brought this action against Ace shareholders Ran Ventures, Inc.…