Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Roumeliotis v. Nordenson et al
Case Number:
3:23-cv-01366
Court:
Nature of Suit:
Judge:
Firms
-
August 20, 2024
Ex-Execs Defend $59.7M Transfer Amid Asbestos Suits
A Chapter 7 bankruptcy trustee's lawsuit claiming that former engineering company executives improperly transferred $59.7 million amid high-dollar asbestos claims is fatally flawed and the defendants did not do anything wrong, according to a filing in Connecticut federal court.
-
July 15, 2024
Pump Co. Execs Must Face Trustee's $59.7M Transfer Suit
A Connecticut federal judge won't toss a Chapter 7 bankruptcy trustee's lawsuit claiming that three former engineering company executives transferred $59.7 million to a holding entity and sent the company into ruin to avoid paying asbestos claims, ruling Monday that the suit plausibly alleges that the executives had conflicts of interest and concealed their conduct.
-
April 04, 2024
Pump Co. Ch. 7 Trustee's $59.7M Case Could Go Before Jury
A Chapter 7 trustee and the owners of a Connecticut pump manufacturer will square off in federal district court over claims that executives raided $59.7 million from the Nash Engineering Co.'s coffers, lined its stockholders' pockets and plunged the entity into bankruptcy to avoid paying asbestos injury claims.
-
January 09, 2024
Vacuum-Pump Biz Owner Defends $59.7M Transfers Pre-Ch. 7
The owner and ex-shareholders of a bankrupt Connecticut manufacturer tied up in asbestos liability and connected insurance claims say the company's Chapter 7 trustee cannot claw back $59.7 million in cash transfers from a holding company to those shareholders because they occurred more than a decade ago.
-
October 19, 2023
Ch. 7 Trustee Sues Execs For Cash Move Amid Asbestos Suits
A Chapter 7 bankruptcy trustee overseeing the financial affairs of The Nash Engineering Co. has sued three former directors in Connecticut federal court for allegedly transferring $59.7 million to a holding company, arguing that the move occurred when TNEC "was materially underinsured for its massive liabilities for asbestos bodily injury claims."