FUSION CAPITAL FUND II, LLC v. HAM

No. 09-3723.

614 F.3d 698 (2010)

FUSION CAPITAL FUND II, LLC, Plaintiff-Appellee, v. Richard HAM and Carla Aufdenkamp, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided August 2, 2010.


Attorney(s) appearing for the Case

Edward F. Malone (argued), Barack, Ferrazzano, Kirschbaum & Nagelberg LLP, Chicago, IL, for Plaintiff-Appellee.

Arthur E. Rosenson (argued), Cohen Rosenson & Zuckerman, LLC, Chicago, IL, for Defendants-Appellants.

Before EASTERBROOK, Chief Judge, and POSNER and KANNE, Circuit Judges.


EASTERBROOK, Chief Judge.

Millenium Holding Group, Inc., has shares that were registered under the Securities Act of 1933 and are traded over the counter. It also has few assets and is insolvent. In 2004 its assets came to $60,000 and its liabilities to $1.5 million; things have not improved since. Millenium does not have any ongoing business, though it does have a professionally designed web site (http://www.mnhginc.com/ millenium.html).

In July 2004 Millenium...

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