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Thursday, May 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shell Corporations

Investors claim in Cuyahoga County Court that they are the lawful owners of oil drilling assets bought with $16 million they put into shell corporations created to defraud them.

CLEVELAND – Investors claim in Cuyahoga County Court that they are the lawful owners of oil drilling assets bought with $16 million they put into shell corporations created to defraud them.

The plaintiffs are Langhenry Venture Partners LLC; Langhenry Development II Ltd.; The V. Murfey 5G Trust FBO Mary V. Murfey dated 5-24-82, by and through Maria Muth, special trustee; The Hat Creek Co. Inc.; and The John J. Carney Revocable Trust under agreement dated October 5, 2000, by and through John J. Carney, trustee.

The defendants are Browning Drilling LLC, ICM US Operating LLC and Mohican Equipment LLC.

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