SUGARTOWN WORLDWIDE LLC v. SHANKS

CIVIL ACTION NO. 14-5063.

150 F.Supp.3d 470 (2015)

SUGARTOWN WORLDWIDE LLC v. Kenneth Linn SHANKS, et al.

United States District Court, E.D. Pennsylvania.

Signed December 10, 2015.


Attorney(s) appearing for the Case

Michael G. Trachtman , Benjamin A. Andersen , Christian P. Suprenuk , Dylan F. Henry , Michael W. Kulakowski , Powell Trachtman Logan Carrle, et al, King of Prussia, PA, for Sugartown Worldwide LLC.

Shannon K. McDonald , Law Offices of Shannon K. McDonald, Eric D. Strand , Strand Law Offices, West Chester, PA, George C. Werner , Matthew Mark Hennesy , Barley Snyder LLP, Lancaster, PA, for Kenneth Linn Shanks, et al.


MEMORANDUM

Corporate entities often sell assets to third parties as part on an ongoing business strategy particularly when facing insolvency or necessary restructuring. This strategy is constrained when commonly owned privately held entities simply restructure by selling the benefits of their...

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