Legal Opinion

Image Masters, Inc. v. Chase Home Finance

District Court, E.D. Pennsylvania

Decided March 11, 2013No. Civil Action No. 10-1141PublishedCited by 18 opinions

1Opinion of the Court

MEMORANDUM OPINION

GOLDBERG, District Judge.

This bankruptcy appeal stems from a $65 million Ponzi scheme perpetrated by Wesley Snyder through his then-existing company, Image Masters, Inc. (“Image Masters”). After the collapse of that scheme, Lynn E. Feldman, the Chapter 7 Trustee for the bankruptcy estates of Image Masters and related entities (collectively, “Debtors”), commenced two adversary proceedings in the United States Bankruptcy Court seeking to avoid and recover nearly $26 million in transfers *381made by the Debtors to numerous financial institutions.

Presently before the Court is the…

2Cases cited35 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Hishon v. King & SpaldingSupreme Court of the United States · 1984
  4. In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
  5. Burtch v. Milberg Factors, Inc.Court of Appeals for the Third Circuit · 2011

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3Cited by18 opinions

  1. Dershaw v. Ciardi (In re Rite Way Electric, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2014
  2. In re RosenblumUnited States Bankruptcy Court, E.D. Pennsylvania · 2016
  3. Carr v. Loeser (In re International Auction & Appraisal Services LLC)United States Bankruptcy Court, M.D. Pennsylvania · 2013
  4. Seitz v. Frorer (In re Covenant Partners, L.P.)United States Bankruptcy Court, E.D. Pennsylvania · 2015
  5. Saracheck v. Crown Heights House of Glatt, Inc. (In re Agriprocessors, Inc.)United States Bankruptcy Court, N.D. Iowa · 2014

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