Legal Opinion
Fleet National Bank v. Valente (In Re Valente)
Court of Appeals for the First Circuit
Decided March 2, 2004No. 03-1103PublishedCited by 35 opinions
1Opinion of the Court
LIPEZ, Circuit Judge.
On motion by Fleet National Bank for the turnover of $18,000 held in escrow as security for an outstanding claim, the bankruptcy court ruled that the escrow funds should instead be turned over to the debtor because the debtor’s transaction at issue was not a fraudulent conveyance within the meaning of the Uniform Fraudulent Transfer Act (UFTA). On appeal, the district court agreed. We now reverse the district court and direct the bankruptcy court to award judgment to Fleet.
I
The material facts of this case are undisputed. In 1989, the Appellant, Fleet National Bank, lent…
2Cases cited32 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Young v. United StatesSupreme Court of the United States · 2002
- Shaw v. Railroad Co.Supreme Court of the United States · 1880
- Bessette v. AVCO Financial Services Inc.Court of Appeals for the First Circuit · 2000
- New Amsterdam Casualty Company, and Cross-Appellant v. Gladys N. Waller, and Cross-AppelleeCourt of Appeals for the Fourth Circuit · 1963
27 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Pratt v. General Motors Acceptance Corp. (In Re Pratt)Court of Appeals for the First Circuit · 2006
- Cavadi v. DeYesoMassachusetts Supreme Judicial Court · 2011
- Fidelity National Title Insurance v. SchroederCalifornia Court of Appeal · 2009
- Webster Industries, Inc. v. Northwood Doors, Inc.District Court, N.D. Iowa · 2004
- Crossingham Trust v. Baines (In Re Baines)United States Bankruptcy Court, D. New Mexico · 2006
30 more not listed; retrieve them via the Exa API.