Legal Opinion

Kalos Capital, Inc.

United States Bankruptcy Court, N.D. Georgia

Decided October 31, 2023No. 22-58326Unknown

1Opinion

RUPI ep Cc: % a oP □ 2 of : a aa fae IT IS ORDERED as set forth below: bisreics (\ Date: October 31, 2023 VU . 2 Sage M. Sigler U.S. Bankruptcy Court Judge UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION In re: : CASE NUMBER: KALOS CAPITAL, INC., : 22-58326-SMS Debtor. : Chapter 11 Subchapter V MEMORANDUM OPINION Debtor’s principals propose to fund a Chapter 11 plan in exchange for third-party releases of themselves, former employees, and affiliated businesses. The releasee-funded plan and third- party releases are functionally similar to those in newsworthy mass…

2Cases cited19 opinions

  1. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  2. Logan v. Zimmerman Brush Co.Supreme Court of the United States · 1982
  3. National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
  4. Grayden v. RhodesCourt of Appeals for the Eleventh Circuit · 2003
  5. In Re Fred Lowenschuss, Debtor. Resorts International, Inc. v. Fred LowenschussCourt of Appeals for the Ninth Circuit · 1995

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