Legal Opinion

Anna Call Seaton v. Ruth Sills, Trustee in Bankruptcy of Catfish King, Inc.

Court of Appeals for the Fifth Circuit

Decided November 1, 1968No. 25895PublishedCited by 3 opinions

1Per curiam

This is an appeal from a decision of the District Court that a $15,000 payment made by the bankrupt corporation to the former wife of the owner of the corporation constituted a fraudulent transfer of the corporation’s assets under Section 67(d) (2) (a), 11 U.S.C.A. § 107, of the Bankruptcy Act.

On February 12, 1965, Appellant entered into a $15,000 consent judgment in the Georgia State Courts with her former husband — that amount representing accelerated alimony owed by the husband under a prior divorce decree. On February 25, 1965, Catfish King, Inc., a corporation wholly owned by the…

2Cases cited1 opinion

  1. W. F. Chaney v. City of Galveston, Earl J. Smith & Co., Inc. v. City of GalvestonCourt of Appeals for the Fifth Circuit · 1966

3Cited by3 opinions

  1. Golie Leroy TERRELL, Plaintiff-Appellant, v. the FELDSTEIN COMPANY, INC., Defendant-AppelleeCourt of Appeals for the Fifth Circuit · 1972
  2. Union Camp Corporation v. James E. Dyal, Jr., and John M. Murrell, Additional Leon A. Wilson, Ii, Third PartyCourt of Appeals for the Third Circuit · 1972
  3. Marla Wohlman, Plaintiff-Counter v. Paul Revere Life Insurance Company, Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1992

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