Dale Schmid, D.D.S., Ralph Schmid, Katherine G. Dengler, and Michael Overfield (the "creditors") filed an involuntary petition in bankruptcy against Zaddock & Co. ("Zaddock") under § 303(b)(1) of the Bankruptcy Code of 1978. 11 U.S.C. § 303(b)(1). Shortly thereafter the creditors filed another involuntary petition against Zaddock's president and principal shareholder Zadock Reid ("Reid...
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