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JPMorgan Chase Bank, N.A. v. Winget et al
Case Number:
2:08-cv-13845
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 02, 2021
Auto Parts Mogul Must Pay Chase Agent $127M
A federal judge in Detroit has ruled that an auto parts manufacturer accused of failing to make good on a credit agreement must pay more than $127 million and sign over a pair of promissory notes worth $150 million to an administrative agent for JPMorgan Chase Bank, in connection with a complex dispute that spans more than a decade.
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May 21, 2020
Mich. Man Says Court Fudged Ruling In JPMorgan Debt Feud
An auto parts magnate has urged a Michigan federal court to declare his ownership of assets held in his personal revocable trust in a move that seeks to quash JPMorgan Chase's attempts to collect a $425 million judgment in a long-running bankruptcy debt dispute.
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September 13, 2017
Chase's $425M Claim Against Auto Parts Mogul Reaffirmed
JPMorgan Chase came one step closer on Wednesday to recovering $425 million the bank says was improperly taken out of a trust by an auto parts magnate to avoid paying bankruptcy debts, as a Michigan federal court reaffirmed an earlier ruling labeling the move a fraudulent transfer.
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July 05, 2017
Judge Slams Auto Magnate's Fraud In $425M JPMorgan Fight
A Michigan federal judge ripped an auto parts magnate on Wednesday for dissolving a trust and taking possession of its assets in an apparent bid to avoid a $425 million judgment for JPMorgan that followed his business empire's bankruptcy, saying his argument had "disturbing" implications.