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IN RE QUADRANT 4 SYSTEM CORP.

Bankruptcy No. 17-19689 Adversary No. 19-00819.

624 B.R. 237 (2020)

IN RE: QUADRANT 4 SYSTEM CORPORATION, et al., Debtor. BIP Quadrant 4 System Debt Fund, LLC, Plaintiff. v. Nandu Thondavadi, et al., Defendants.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

Signed October 14, 2020.

Attorney(s) appearing for the Case

Michael A Brandess, Elizabeth B Vandesteeg, Sugar, Felsenthal, Grais & Helsinger, Chicago, IL, for Trustee.

Jonathan D. Golding, Richard N Golding, The Golding Law Offices, P.C., Charles A Valente, Kaplan Saunders Valente & Beninati, LLP, Chicago, IL, for Defendants.

Matthew T. Gensburg, Gensburg Calandriello & Kanter, P.C., Chicago, IL, Jason Watkins, Nelson Mullins Riley & Scaroborough LLP, Boston, MA, for Plaintiff.

OPINION ON MOTION TO DISMISS THE AMENDED COMPLAINT [DKT. NO. 69]

Defendants Philip Firrek, Thomas Sawyer, and Eric Gurr (together, the "Independent Directors") move to dismiss Debtor BIP Quadrant 4 System Debt Fund, LLC's (the "Plaintiff...

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