City cnvlz investing liquidating trust
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This dispute concerned certain tax liabilities that allegedly were assumed by the predecessor corporation of defendant-appellee City Investing Company Liquidating Trust (the “Trust”). For the reasons that follow, we conclude that Am Base's claims are barred as a matter of law by the doctrine of res judicata. Certain directors and officers of City (“Trustee Defendants”) occupied certain fiduciary positions with both Am Base and the Trust.
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On November 18, Torquing announced they were bankrupt and in debt, voluntarily liquidating their assets to pay creditors distribute debtors bankruptcy case.
Backers left out dry ge finished year down by 44%, one worst years record.