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Breach of Duty Claims for Sale

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Breach of Duty Claims for Sale



Price: Not Specified

Other Item Info
Item #: nmbke_148805
Created: 12/16/2014
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Chris W Pierce
Debtor's Attorney
2632 Mesilla St. NE
Albuquerque, NM 87110
505-881-3191
Bankruptcy Info
Case #: 1:14-bk-11952
Case Title: Supreme, LLC
Court: New Mexico Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of claim against Elberta Honstein & Rod Honstein for breach of fiduciary duty relating to the forbearance agreements, the fraudulent transfers evidenced by the HOC Note and HOC mortgages, and the gratis transfer/use of Supreme assets and business opportunities to and by Honstein Oil. Murphy v. Kincaid, 2010 WL 3971025 (NM Ct. App. 2010); Walta v. Gallegos Law Firm, P.C., 2002-NMCA-015, ¶41 (directors and officers have duty to corporation of loyalty, good faith and obligation not to profit at expense of corporation); Kueffer v. Kueffer, 1990-NMSC-045, ¶12


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