Legal Opinion

Fortner and Perrin, Inc., a California Corporation, as Assignee of Carmen E. Fortner and Stan Ruzicka v. James A. A. Smith, Trustee in Bankruptcy

Court of Appeals for the Ninth Circuit

Decided February 12, 1964No. 18497_1PublishedCited by 9 opinions

1Opinion of the Court

PENCE, District Judge.

In May of 1960, Mrs. Carmen E. Fort-ner and Stan Ruzicka (sometimes referred to hereinafter as the claimants) owned the stock of two corporations doing engineering and machine shop business. On May 3, 1960, they entered into an agreement with Robert F. Feland, Jr., whereby they sold their stock to him — part payment in cash, and the balance of $152,000 for Mrs. Fortner and $20,000 for Mr. Ruzicka to be paid over a period of years. After the sale, Fe-land transferred the assets so acquired to Conair, Inc.

On November 1,1960, Feland had Con-air, Inc., file a petition for…

2Cases cited10 opinions

  1. In Re G. L. Miller & Co.Court of Appeals for the Second Circuit · 1930
  2. J. J. Fyne, Trustee in Bankruptcy of the Estate of W. H. Calder Company, Inc., Bankrupt v. Atlas Supply CompanyCourt of Appeals for the Fourth Circuit · 1957
  3. Scottsville Nat. Bank v. GilmerCourt of Appeals for the Fourth Circuit · 1930
  4. Major Burrus v. Warren Young, Superintendent, and the Attorney General of the State of WisconsinCourt of Appeals for the Seventh Circuit · 1987
  5. Berkshire Trust Co. v. Gar Wood Industries, Inc.Court of Appeals for the First Circuit · 1944

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3Cited by9 opinions

  1. R. Anthony Dubay v. Everette H. Williams, Everette H. Williams v. Rose City Development Co., Inc., Robert J. Davis v. Everette H. WilliamsCourt of Appeals for the Ninth Circuit · 1969
  2. Herman Dubnoff v. Honorable David J. Goldstein, Referee in Bankruptcy in the United States District Court for the Northern District of New YorkCourt of Appeals for the Second Circuit · 1967
  3. Union Bank v. Allen Blum and Sam BaileyCourt of Appeals for the Ninth Circuit · 1972
  4. In Re V-M Corp.United States Bankruptcy Court, W.D. Michigan · 1982
  5. In the Matter of Miracle Mart, Inc., DebtorCourt of Appeals for the Second Circuit · 1968

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