Jim Manzi, former head of Lotus, is being sued by the creditors' committee of the company he joined in 1996, which went bankrupt seven months later.
The creditors are attempting to prevent Manzi getting money from the bankrupt company Nets Inc, ahead of other creditors owed money, because they argue he deliberately tried to shift the status of assets in the months before the company's demise in order to influence the order of creditors claims.
Manzi has to reply to the suit by 21 September.
The assets of Nets Inc, which developed online commerce applications, were eventually bought by Perot Systems.
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