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SEIDEL v. BYRON

No. 05 C 6698.

405 B.R. 277 (2009)

Scott M. SEIDEL, Chapter 7 trustee for the bankruptcy estate of Mosaic Data Solutions, Inc., Plaintiff, v. Marc BYRON, Ben Kaak, Dominic Ieraci, David Graff and Catherine Barbaro, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

May 12, 2009.

Attorney(s) appearing for the Case

Francis Daniel Petro, Petro & Petro PC, Chicago, IL, James F. Adams, Passman & Jones, Dallas, TX, for Plaintiff.

Jay B. Kesten, Seyfarth Shaw LLP, Meghan M. Hart, Robert B. Lovett, Cooley Godward Kronish LLP, Boston, MA, Sara E. Lorber, William Jeffrey Factor, Seyfarth Shaw LLP, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

RUBEN CASTILLO, District Judge.

Scott M. Seidel ("Plaintiff'), Chapter 7 trustee for the bankruptcy estate of Mosaic Data Solutions, Inc. ("Mosaic Data"), brings this action against Marc Byron, Ben Kaak, Dominic Ieraci, David Graff, and Catherine Barbaro ("Defendants"), the former directors and officers of Mosaic Data, for breach of fiduciary duty, waste, and related claims stemming from their alleged mismanagement of...

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