‘Perkins’ labyrinth of ownership
The stipulation reached between Perkins and 5171 Campbell Land Co., Inc. isn’t going to go unchallenged. In addition to a formal objection filed in federal court, a trustee for the United States has raised concerns about whether Campbell “engaged in any scheme to hinder, delay or defraud the creditors.” The objection was filed on July 14 by Marc Group, LLC which claims, in short, that it owns Campbell and that the Campbell’s principal, William Kane, is attempting to enter into an agreement that he “does not own.” It then requires a bit of a rabbit hole to figure out ...