Legal Opinion

Hildene Opportunities Master Fund, Ltd. v. Holata Micco LLC

District Court, N.D. Illinois

Decided March 12, 2019No. 1:18-cv-01758Unknown

1Opinion

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION HILDENE OPPORTUNITIES MASTER FUND, LTD., et al., Plaintiffs, No. 18 CV 1758 v. Judge Manish S. Shah HOLATA MICCO, LLC, et al., Defendants. MEMORANDUM OPINION AND ORDER Plaintiffs Hildene Opportunities Master Fund and Hildene Opportunities Master Fund II hold debt securities issued by Leaders Group, a bank holding company. Leaders Group, now insolvent, has defaulted on the interest payments it owes to the trust. Hildene claims that Leaders Group’s directors executed a plan to benefit its insiders and evade…

2Cases cited35 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
  3. Aronson v. LewisSupreme Court of Delaware · 1984
  4. General Electric Capital Corporation v. Lease Resolution CorporationCourt of Appeals for the Seventh Circuit · 1997
  5. Edward Tobey v. Brenda ChibucosCourt of Appeals for the Seventh Circuit · 2018

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