Ch. 7 Trustee Slammed For 'Baseless' Autozone Suits

Law360, New York (July 29, 2011, 5:17 PM EDT) -- A chapter 7 trustee tasked with recovering assets for bankrupt auto parts rebuilder American Remanufacturing Inc. was slammed by a Delaware bankruptcy judge Thursday for pursuing "baseless" clawback cases seeking more than $10 million from Autozone Inc.

U.S. Bankruptcy Judge Peter J. Walsh threw out the second of two “unreasonable” adversary suits — having chucked the first in June — and ordered trustee Montague S. Claybrook and one of his lawyers, Alan L. Frank, to pay the Memphis, Tenn.-based auto parts retailer more than $35,000 in...
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