New Cases For the Week of May 24, 2010 - May 28, 2010

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May 28, 2010

Case

Court

Holding

In re Bayonne Medical Center
(DBN)
BK D. NJ Insider status is determined at the time of each challenged transaction and requires that the defendant be an insider as to the challenged transaction. A mere potential to be an insider is insufficient, even when the defendant has already been determined to have been a non-statutory insider with respect to a transaction occurring a few months later.
     

 

 

 

 

 

 

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