Legal Opinion
Creditors' Committee v. Spada (In re Spada)
District Court, M.D. Pennsylvania
Decided August 9, 1989No. Civ. No. 88-1868Published
1Opinion of the Court
MEMORANDUM AND ORDER
CONABOY, Chief Judge.
This is an appeal from the United States Bankruptcy Court on the issue of whether certain real estate transactions should be void as preferential transfers of property. The matter has been fully briefed and oral argument has been presented. For the reasons stated below, we shall deny the appeal and affirm the opinion of the bankruptcy court. 91 B.R. 668.
*797I.
The debtor in this case, Richard Spada, was a real estate broker and developer in Stroudsburg prior to 1982. On March 22, 1982, he conveyed five (5) parcels of land in Monroe County and delivered a…
2Cases cited6 opinions
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- In Re Philadelphia Athletic Club, Inc.District Court, E.D. Pennsylvania · 1982
- In Re Gilchrist Co.District Court, E.D. Pennsylvania · 1976
- In Re Highway Truck Drivers & Helpers Local Union 107District Court, E.D. Pennsylvania · 1989
- Grossman v. CommissionerUnited States Tax Court · 1980
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