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Re: sidedraft post# 4848

Tuesday, 03/20/2012 12:15:43 PM

Tuesday, March 20, 2012 12:15:43 PM

Post# of 4858
It should be filed in lead case 08-22786, but the ones you found would indicate a rift.

That's scary. I can't even find those cases without my PACER login.

The way you list it, the Brooke Trustee is denying control of Aleritas, and is suing Aleritas on behalf of Brooke's estate.

It is understandable considering other documents I did find. About that time, the trustee had expressed an interest in recovering losses sustained by Brooke when Aleritas failed.

I could not find the suit against Fifth Third or FTI, and your find could be the ultimate case. If the Brooke trustee is not in control of Aleritas, then Fifth Third probably is. The preliminary claim was against FTI Consulting.

Since I am not a lawyer, this confuses me. I would have thought that the transfer of ARTA stock to Fifth Third would be reversed, and Brooke would maintain control. Since that does not appear to be correct, there might be no possible way of finding out the value. Aleritas is the defendant, not a BK entity. If they are not BK, and not controlled by a BK entity, there would be no "value" filings.

That sucks. OTOH, if they are being sued, there has to be money. We just don't know how much.





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