Ch. 7 Trustee Seeks $59M To Halt Pump Co. Family Transfers
law360
5 months ago
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The Chapter 7 trustee overseeing the bankruptcy of pump manufacturer Nash Engineering Co. has demanded a $59.7 million placeholder payment from a sprawling array of family members and trusts connected to the company's owners, saying the myriad defendants need to be stopped from hiding assets from creditors.
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