MFICL · All filings · Read this filing
What changed 10-Q
Item 1. Legal Proceedings
2021-02-04 compared with 2020-11-05 · 2 added, 1 removed, 21 unchanged (13% of the section changed)
15 unchanged sentences
With respect to the second motion, the Court held that the trustee could not recover from defendants payments that were made on account of debt.
−Removed: The other summary judgment motions relevant to the Company remain pending.
+Added: On December 2, 2020, the Court granted certain defendants’ motion for summary judgment on aiding and abetting breach of fiduciary duty, dismissing those claims against the Company.
+Added: Claims of actual and constructive fraudulent transfer under the federal Bankruptcy Code and Delaware state law remain pending against the Company and its co‐defendants.The Company has not made any determination that this action is or may be material to the Company and intends to vigorously defend itself.
On November 27, 2019, Healthclaim Recovery LLC ("Healthclaim") (an entity formed by the adversary proceeding defendants, including the Company) filed objections to two creditors' claims.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.