3rd Circ. Revives Fight Over Tanning Family's $24M Payout
By Jeannie O'Sullivan ( December 21, 2020, 7:11 PM EST) -- The Third Circuit on Monday revived a landlord's challenge to Hollywood Tanning Systems Inc.'s $24 million shareholder distribution to family members of the company's late owner, reasoning that a district court overlooked "badges of fraud" suggesting the company may have been attempting to remove assets from the creditor's reach....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.