The plaintiff, a wood-pallet producer, purchased the assets of a bankrupt company. One such asset was the development of a plan to incorporate the sale of carbon credits into their business. The complaint alleged that the defendant, who also sought to purchase the company’s assets, stole some of the assets from the plaintiff, including the carbon credit development plan.

Wood-pallet company's lawsuit alleging that the defendant stole assets in a bankruptcy proceeding, including a carbon credit development plan.

Palltronics, Inc. v. PALIoT Solutions, Inc.

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Wood-Pallet Producer Alleged Misappropriation of Carbon Credit Development Plan

Filed

United States of America

Michigan

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Wood-Pallet Producer Alleged Misappropriation of Carbon Credit Development Plan

Policy instrument

Risk

Just transition

Economic sector

Finance