Cadle Company

Fifth Circuit Finds No Clear and Convincing Evidence of Bad Faith and Undoes Bankruptcy Court Sanction Against Cadle Company

05/24/14
The Fifth Circuit has reversed a Bankruptcy Court's decision to impose death penalty sanctions against a creditor where the lower court found that "the very temple of justice has been defiled." The Bankruptcy Court had found that the actions of an attorney who was the Cadle Company's long-time lawyer and was representing the Trustee as special counsel could be imputed to Cadle.
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