Legal Opinion
In Re Bonham
United States Bankruptcy Court, D. Alaska
Decided April 7, 2000No. 19-00027PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM DECISION DETERMINING THAT THE TRUSTEE HAS ESTABLISHED THAT DEBTORS OPERATED A PONZI SCHEME PROM 1989
HERBERT A. ROSS, Bankruptcy Judge.
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1. INTRODUCTION — The debtors operated a business from 1984, by RaeJean Bonham first, and by all three later on, selling airline tickets procured by debtors using frequent flier miles purchased from brokers. Ticket revenues declined steadily from 1988 until an involuntary bankruptcy shut debtors down in December 1995. The business never generated a profit after 1988.
From 1988, the debtors procured numerous investors at an increasing…
2Cases cited19 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Kumho Tire Co. v. CarmichaelSupreme Court of the United States · 1999
- General Electric Co. v. JoinerSupreme Court of the United States · 1997
- Frye v. United StatesCourt of Appeals for the D.C. Circuit · 1923
- Bolen Webb and Cornelia Webb v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1968
14 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Wiand v. WaxenbergDistrict Court, M.D. Florida · 2009
- In re Petters Co.United States Bankruptcy Court, D. Minnesota · 2013
- Collins v. Kohlberg & Co. (In Re Southwest Supermarkets, LLC)United States Bankruptcy Court, D. Arizona · 2005
- Fisher v. Sellas (In Re Lake States Commodities, Inc.)United States Bankruptcy Court, N.D. Illinois · 2002
- Fisher v. Prime Table Restaurant & Lounge, Inc. (In Re Lake States Commodities, Inc.)United States Bankruptcy Court, N.D. Illinois · 2002
2 more not listed; retrieve them via the Exa API.