This is a public record generated listing.

Litigation Claims for Sale

Please note that this listing has expired. To view active listings, please subscribe to one of our plans.
Add to Dashboard

Listing Information

Attachments

Litigation Claims for Sale



Price: Not Specified

Other Item Info
Item #: canbke_547739
Created: 05/11/2018
Category: Business Property > Financial > Claim
Sale Date: None Set
Seller Info
Michael A. Isaacs
Trustee's Attorney
1 Market Plaza Spear Tower 24th Fl.
San Francisco, CA 94105
(415)267-4000
Bankruptcy Info
Case #: 3:16-bk-30654
Case Title: Diadexus, Inc.
Court: California Northern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of litigation claims against the Debtor’s former officers and directors (the “Directors and Officers”). Such causes of action and claims for relief may include breach of contract, breach of fiduciary duty, fraud, negligence, securities law violation, avoidance claims under Chapter 5 of Title 11 of the United States Code, and any and all other potential contract, equitable, or tort related causes of action (collectively, the “Assigned Rights”). As a creditor and/or equity holder of the Debtor, Leap Tide may have direct causes of action and claims for relief against the Directors and Officers (the “Creditor Claims”). Such causes of action and claims for relief may include breach of contract, breach of fiduciary duty, fraud, negligence, securities law violation, alter ego, and any and all other potential contract, equitable, or tort related causes of action (collectively, the “Creditor Rights” and together with the Assigned Rights, the “Litigation Rights”). Leap Tide has engaged in substantial due diligence in connection with the Litigation Rights, and has incurred legal fees and expenses in connection with its due diligence and other matters related to preparing to assert the Litigation Rights, including acquisition of the Creditor Rights (the “Due Diligence Expenses”).


Other Information

Terms and Conditions:

See Attached.


Subscribe to our free newsletters

* indicates required
Send me information about...
Choose the CaseFolder where you want to see this Deal, or create a new CaseFolder Lite.