The Court granted a Motion opposing the designation of the case, which involved the allegedly fraudulent transfer of assets by a corporate defendant and its sole shareholder, as a mandatory complex business case. The Court ruled that the allegations did not present a material issue related to the law governing corporations. The Court found that the principal issue in the case involved the Uniform Fraudulent Transfer Act, and furthermore that Defendant’s potential individual liability based on veil piercing allegations did not by itself create grounds for mandatory jurisdiction.
Brief in Opposition to Notice Of Designation