MOTION AND CROSS-MOTION REGARDING DISPOSITION OF PLEDGED STOCK
HOWARD SCHWARTZBERG, Bankruptcy Judge.
Angelo Rainaldi ("Rainaldi"), a secured creditor in whose favor stock of two subsidiary companies of the debtor corporation, Domestic Fuel Corp., had been pledged by the debtor to secure payment to him of the selling price of the stock, exercised self-help and purported to sell to himself at a noticed sale title to the pledged stock. Rainaldi then called...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.