Yacht Co. Trustee's Clawback Claims Went Overboard: Suit
Former Genmar CEO Irwin L. Jacobs claims that Charles W. Ries, the Chapter 7 trustee for Genmar, wrongly sought to recover alleged illegal transfers made to insiders of the company before it went bankrupt in June 2009.
Ries is seeking $2.7 million from Jacobs, $151,475...
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