Legal Opinion

Young v. Paramount Communications Inc. (In Re Wingspread Corp.)

United States Bankruptcy Court, S.D. New York

Decided January 5, 1995No. 18-23391PublishedCited by 37 opinions

1Opinion of the Court

DECISION ON MOTION AND CROSS-MOTION FOR SUMMARY JUDGMENT

JEFFRY H. GALLET, Bankruptcy Judge.

INTRODUCTION

This adversary proceeding was commenced by Harold Young (‘Young” or “Trustee”), Chapter 7 Trustee of Wingspread Corporation (“Wingspread” or the “Debtor”), against Paramount Communications, Inc. (“Paramount”), Norman M. Hinerfeld (“Hinerfeld”), NCNB National Bank (“NCNB”) 1 and Kay-ser-Roth Corporation (“Kayser-Roth”) to set aside elements of a management-led buyout of six divisions of Kayser-Roth on the grounds that the buyout constituted a fraudulent conveyance. 2 Kayser-Roth, Paramount…

2Cases cited44 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
  5. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989

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3Cited by37 opinions

  1. Neilson v. Union Bank of California, N.A.District Court, C.D. California · 2003
  2. Williams v. Marlar (In Re Marlar)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2000
  3. In Re: John Samuel Marlar, Debtor. Renee S. Williams, Trustee v. John Samuel MarlarCourt of Appeals for the Eighth Circuit · 2001
  4. 45 John Lofts, LLC v. Meridian Capital Grp. LLC (In re 45 John Lofts, LLC)United States Bankruptcy Court, S.D. New York · 2019
  5. Stalnaker v. DLC, Ltd. (In Re DLC, Ltd.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2003

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