Legal Opinion
Moody v. Security Pacific Business Credit, Inc.
District Court, W.D. Pennsylvania
Decided May 29, 1991No. Civ. A. 83-2383PublishedCited by 19 opinions
1Opinion of the Court
OPINION
DIAMOND, District Judge.
Introduction
More than eighty years after the founding of its predecessor company, the Jeannette Corporation (sometimes hereafter “Jeannette”) suffered an economic decline and bankruptcy in late 1982 from which it never recovered. Plaintiff, James Moody, Trustee of the bankruptcy estate, instituted this action to recover in excess of $12 million from the participants of a leveraged buyout of Jeannette that took place on July 31, 1981.
Plaintiff contends in this suit that the July 31, 1981, transaction was a fraudulent conveyance under the Pennsylvania Uniform…
2Cases cited32 opinions
- United States v. Tabor Court Realty Corp.Court of Appeals for the Third Circuit · 1986
- United States v. Gleneagles Investment Co.District Court, M.D. Pennsylvania · 1983
- Wieboldt Stores, Inc. v. SchottensteinDistrict Court, N.D. Illinois · 1988
- 23 Collier bankr.cas.2d 1517, Bankr. L. Rep. P 73,652 in Re Agricultural Research and Technology Group, Inc., a Hawaii Corporation, Debtor. Thomas E. Hayes, Trustee v. Palm Seedlings Partners-A, a Hawaii Limited Partnership Grant-Buskett Management Corporation, Individually and as General Partner of the Partnership Robert B. Grant Ruth M. Jasper, Trustee for the Ruth M. Jasper Revocable Living Trust Florine A. Katz Edwin Y.W. Fong Nancy Foos Jerome O.C.C. Leong Joseph C.C. Leong Lon D. Pierce George A. Reich John F. Smith Myron F. Tethal Marian F. Townsend Nancy R. Weisner and James W. Winters, Individually and as Limited Partners of Said PartnershipCourt of Appeals for the Ninth Circuit · 1990
- Arnold L. Kupetz, Trustee v. Morris A. Wolf, Raviel Wolf, the Marmon Group, Incorporated, DefendantsCourt of Appeals for the Ninth Circuit · 1988
27 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Aluminum Mills Corp. Ex Rel. Official Unsecured Creditors Committee v. Citicorp North America, Inc. (In Re Aluminum Mills Corp.)United States Bankruptcy Court, N.D. Illinois · 1991
- Hirsch v. Gersten (In Re Centennial Textiles, Inc.)United States Bankruptcy Court, S.D. New York · 1998
- Liquidation Trust of Hechinger Investment Co. of Delaware, Inc. v. Fleet Retail Finance Group (In Re Hechinger Investment Co.)District Court, D. Delaware · 2005
- In Re Tribune Co.United States Bankruptcy Court, D. Delaware · 2011
- Moody v. Security Pacific Business Credit, Inc.Court of Appeals for the Third Circuit · 1992
14 more not listed; retrieve them via the Exa API.