Legal Opinion

Laurence H. Levy, Trustee, of Landbank Equity Corporation v. Carl Kindred Virginia Beach Properties, Inc., and Cavill Kindred Property Market, Inc.

Court of Appeals for the Fourth Circuit

Decided September 26, 1988No. 87-1698PublishedCited by 10 opinions

1Opinion of the Court

SPROUSE, Circuit Judge:

Carl Kindred and his wholly-owned corporation, Virginia Beach Properties, Inc. (VBP), appeal from the judgment of the district court, which affirmed the bankruptcy court’s judgment holding them liable for funds received from Landbank Equity Corporation and its related companies (Land-bank) in fraud of Landbank’s creditors. The bankruptcy court awarded Landbank’s trustee in bankruptcy, Laurence Levy, $104,327.46 against Kindred and $46,224.84 against VBP, representing amounts it found they had received from Landbank without consideration in violation of Va. Code §§…

2Cases cited3 opinions

  1. United States v. One 1971 Mercedes Benz 2-Door Coupe, Serial No. 11304412023280Court of Appeals for the Fourth Circuit · 1976
  2. Hutcheson v. Savings Bank of RichmondSupreme Court of Virginia · 1921
  3. Brown v. Winfree's AdministratorSupreme Court of Virginia · 1914

3Cited by10 opinions

  1. Savage & Associates, P.C. Ex Rel. Teligent, Inc. v. MandlUnited States Bankruptcy Court, S.D. New York · 2008
  2. Debartolo Properties Management, Inc. v. DevanDistrict Court, D. Maryland · 1996
  3. Rood v. Rosen (In re Rood)District Court, D. Maryland · 2012
  4. Sapir v. SartoriusDistrict Court, S.D. New York · 1999
  5. Edens v. Goodyear Tire & Rubber Co.Court of Appeals for the Fourth Circuit · 1988

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