Legal Opinion
Contemporary Industries Corp. v. Frost
Court of Appeals for the Eighth Circuit
Decided April 29, 2009No. 08-1325PublishedCited by 62 opinions
1Opinion of the Court
BEAM, Circuit Judge.
Contemporary Industries Corporation (individually, “Contemporary Industries”) and the Official Committee of Unsecured Creditors of CIC (collectively with Contemporary Industries, “CIC”) appeal from a grant of summary judgment in favor of the former shareholders of Contemporary Industries. CIC seeks to avoid payments made to those shareholders in exchange for their Contemporary Industries stock during a leveraged buyout of the corporation. The bankruptcy court 1 concluded, and the district court 2 agreed, the payments were exempt from avoidance as settlement payments within…
2Cases cited16 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Lamie v. United States TrusteeSupreme Court of the United States · 2004
- McDermott International, Inc. v. WilanderSupreme Court of the United States · 1991
- In Re: John A. Cochrane, Debtor. Tudor Oaks Limited Partnership v. John Alexander CochraneCourt of Appeals for the Eighth Circuit · 1997
- Kaiser Steel Corp v. Pearl Brewing Co.Court of Appeals for the Tenth Circuit · 1991
11 more not listed; retrieve them via the Exa API.
3Cited by62 opinions
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- Fairfield Sentry Ltd. v. Theodoor GGC Amsterdam (In re Fairfield Sentry Ltd.)United States Bankruptcy Court, S.D. New York · 2018
- Picard Ex Rel. Liquidation of Bernard L. Madoff Investment Securities LLC v. Madoff (In Re Bernard L. Madoff Investment Securities LLC)United States Bankruptcy Court, S.D. New York · 2011
- Enron Creditors Recovery Corp. v. Alfa, S.A.B. De C.V.Court of Appeals for the Second Circuit · 2011
- In Re Washington Mutual, Inc.United States Bankruptcy Court, D. Delaware · 2011
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