LEVIT v. R.L. MILORD

LEVIT v. R.L. MILORD (IN RE HOUSTON THUNDERDOME)

No. 98 C 4615, UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS, EASTERN DIVISION, 2000 U.S. Dist. LEXIS 8020, June 6, 2000.

The matter concerned accelerated distributions to limited partners were constructively fraudulent in bankruptcy action because they directly impaired the rights of creditors and left remaining assets of the partnership unreasonably small.

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