Legal Opinion

Akanthos Capital Management, LLC v. Compucredit Holdings Corp.

District Court, N.D. Georgia

Decided March 15, 2011No. Civil 1:10-cv-844-TCBPublishedCited by 4 opinions

1Opinion of the Court

ORDER

TIMOTHY C. BATTEN, SR., District Judge.

This matter is before the Court on motions to dismiss brought by (1) Defendant CompuCredit Holdings Corporation (“CompuCredit”) [124], (2) Defendants David G. Hanna, Frank J. Hanna, III, Richard R. House, Jr., Richard W. Gilbert, K.K. Srinivasan, and J. Pal Whitehead, III[133], and (3) Defendants Thomas G. Rosencrants and Gregory J. Corona [134],

I. Background

Plaintiffs describe this litigation as a test case to determine “whether creditors of rapidly failing companies may pursue Uniform Fraudulent Transfer Act (“UFTA”) claims against insiders who…

2Cases cited23 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
  4. Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
  5. Hunnings v. Texaco, Inc.Court of Appeals for the Eleventh Circuit · 1994

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3Cited by4 opinions

  1. Oginsky v. PARAGON PROPERTIES OF COSTA RICA LLCDistrict Court, S.D. Florida · 2011
  2. Ralls Corp. v. Huerfano River Wind, LLCDistrict Court, N.D. Georgia · 2014
  3. Glob. Textile All., Inc. v. Tdi Worldwide, LLCNorth Carolina Business Court · 2018
  4. Katz v. Liberty Power Corp., LLCDistrict Court, D. Massachusetts · 2019

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