Legal Opinion
Corporate Jet Aviation, Inc. v. Vantress (In Re Corporate Jet Aviation, Inc.)
United States Bankruptcy Court, N.D. Georgia
Decided January 9, 1985No. 19-51598PublishedCited by 9 opinions
1Opinion of the Court
W. HOMER DRAKE, Bankruptcy Judge.
ORDER
On March 18, 1982, the debtor in possession, Corporate Jet Aviation, Inc. (“CJA”), filed a five-count complaint against Charles D. Vantress (“Vantress”) seeking recovery of $450,000.00 paid to Vantress by CJA in redemption of 350 shares of CJA common stock. The respective counts of the complaint allege that: I. The stock redemption was a fraudulent transfer under § 548 of the Bankruptcy Code; II. The stock redemption was improper under Georgia law, Ga.Code Ann. § 22-514 (O.C.G.A. § 14-2-93); III. Vantress breached his fiduciary duty as a director of CJA…
2Cases cited33 opinions
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
- Pepper v. LittonSupreme Court of the United States · 1939
- In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
- Casey Enterprises, Inc. And D/B/A Pendley Hills Hardware and Minit Check Grocery, Fite H. Casey, Jr. v. American Hardware Mutual Insurance CompanyCourt of Appeals for the Fifth Circuit · 1981
- Esther HAYDEN, Plaintiff-Appellant, v. FIRST NATIONAL BANK OF MT. PLEASANT, TEXAS, a Corporation, Defendant-AppelleeCourt of Appeals for the First Circuit · 1979
28 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Wieboldt Stores, Inc. v. SchottensteinDistrict Court, N.D. Illinois · 1988
- Carmel v. River Bank America (In Re FBN Food Services, Inc.)United States Bankruptcy Court, N.D. Illinois · 1994
- Bowers-Siemon Chemicals Co. v. H.L. Blachford, Ltd. (In Re Bowers-Siemon Chemicals Co.)United States Bankruptcy Court, N.D. Illinois · 1992
- Corporate Jet Aviation, Inc. v. Vantress (In Re Corporate Jet Aviation, Inc.)United States Bankruptcy Court, N.D. Georgia · 1986
- Staats v. Beckman (In Re Beckman)United States Bankruptcy Court, S.D. Ohio · 1989
4 more not listed; retrieve them via the Exa API.