Legal Opinion

Bankr. L. Rep. P 73,541 in Re Royal Golf Products Corp., a Michigan Corporation, Debtor. Charles Taunt, Trustee v. Fidelity Bank of Michigan

Court of Appeals for the Sixth Circuit

Decided July 18, 1990No. 88-1615PublishedCited by 31 opinions

1Opinion of the Court

NATHANIEL R. JONES, Circuit Judge.

Fidelity Bank of Michigan appeals from the district court’s judgment, which affirmed the bankruptcy court’s finding of a voidable preference under 11 U.S.C. § 547(b) (1982). For the following reasons, we affirm the judgment of the district court.

I

On November 5, 1985, the defendant-appellant, Fidelity Bank of Michigan (“Fidelity”), loaned $194,000.00 to Royal Golf Products Corporation (“Royal Golf” or “Debtor”). Fidelity did not take a security interest in any of Royal Golf’s property in connection with the loan. However, Francis McMath (“McMath”), a…

2Cases cited6 opinions

  1. Palmer Clay Products Co. v. BrownSupreme Court of the United States · 1936
  2. 17 Collier bankr.cas.2d 550, Bankr. L. Rep. P 71,951 in Re James Ross Hartley & Sharon Lee Hartley, D/B/A Hartley Trucking, Debtors. Suzanne Cotner Mandross, Successor-Trustee v. Peoples Banking CompanyCourt of Appeals for the Sixth Circuit · 1987
  3. In Re Tenna Corporation, Debtor. Charles J. Neuger, Trustee v. United StatesCourt of Appeals for the Sixth Circuit · 1986
  4. Virginia National Bank v. B. B. WoodsonCourt of Appeals for the Fourth Circuit · 1964
  5. In The Matter Of Harold C. AbramsonCourt of Appeals for the Fifth Circuit · 1983

1 more not listed; retrieve them via the Exa API.

3Cited by31 opinions

  1. United States v. DiazCourt of Appeals for the Second Circuit · 1999
  2. Savage & Associates, P.C. Ex Rel. Teligent, Inc. v. MandlUnited States Bankruptcy Court, S.D. New York · 2008
  3. Schwinn Plan Committee v. Transamerica Insurance Finance Corp. (In Re Schwinn Bicycle Co.)United States Bankruptcy Court, N.D. Illinois · 1996
  4. GGI Properties, LLC v. City of Millville (In re GGI Properties, LLC)United States Bankruptcy Court, D. New Jersey · 2017
  5. Glinka v. Bank of Vermont (In Re Kelton Motors, Inc.)United States Bankruptcy Court, D. Vermont · 1993

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