Brian Bash v. Textron Financial Corporation

OPINION

ANDRE M. DAVIS, Senior Circuit Judge.

In this appeal from the dismissal of an adversary proceeding in bankruptcy, we are obliged to explore some uncharted territory of Ohio substantive and procedural jurisprudence.

For more than six decades, members of the Fair family operated Fair Finance Company (the “Debtor”) as a profitable and respected financial services company in Northeast Ohio. In 2002, Tim Durham and James Cochran purchased the Debtor in a leveraged buyout and transformed the Debtor’s factoring operation into a front for a Ponzi scheme, the proceeds of which went largely to…