In re Golf 255, Inc., No. 10-3732 (7th Cir. 2011)
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In 2006 creditors forced the corporation, which owned a golf course, into Chapter 11 bankruptcy and the trustee approved sale of the course to the local recreation district over the objections of the corporation's owners. The sale, at a price higher than market value, closed in 2007 and creditors were paid in full. The bankruptcy court rejected multiple allegations of fraud and closed the case in 2010. The Seventh Circuit affirmed and awarded damages and costs, calling the allegations and multiple motions, not only groundless, but "obsessive, a form of harassment, unprofessional, and an abuse of the bankruptcy court, the district court, and this court."
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