Legal Opinion

Bustamante v. Johnson (In re McConnell)

Court of Appeals for the Fifth Circuit

Decided July 1, 1991No. 90-2555PublishedCited by 12 opinions

1Opinion of the Court

EDITH H. JONES, Circuit Judge:

Peter Johnson, the trustee of the bankruptcy estate of J.R. McConnell, Jr., sued Vincent Bustamante to recover as a fraudulent transfer some $600,000 paid by McConnell to Bustamante in an attempt to purchase an apartment complex. 11 U.S.C. § 548(a). The bankruptcy court entered judgment in favor of the Trustee for $101,-000. On cross-appeals to the district court, the judgment was affirmed in its entirety. Both parties again appeal, and we affirm.

*664Bustamante owned the Ironwood I Apartments in Houston, Texas. In January 1986, he contracted with McConnell, since…

2Cases cited10 opinions

  1. Stewart v. BaseyTexas Supreme Court · 1952
  2. Richmond Leasing Co. v. Capital Bank, N.A.Court of Appeals for the Fifth Circuit · 1985
  3. Bankr. L. Rep. P 73,372 in Re Nathan Davidovich and Amy Jill Davidovich, Debtors. Nathan Davidovich and Christine Jobin, Trustee v. Charles WeltonCourt of Appeals for the Tenth Circuit · 1990
  4. Mack v. NewtonCourt of Appeals for the Fifth Circuit · 1984
  5. In the Matter of Alden D. Holford, Debtor. Alden D. Holford v. Melvin Lane Powers A/K/A Mel Powers and Mel Powers D/B/A Mel Powers Investment BuilderCourt of Appeals for the Fifth Circuit · 1990

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3Cited by12 opinions

  1. Acequia, Inc. v. Clinton (In re Acequia, Inc.)Court of Appeals for the Ninth Circuit · 1994
  2. In Re Luisa V. AnesCourt of Appeals for the Third Circuit · 1999
  3. Viscount Air Services, Inc. v. Cole (In Re Viscount Air Services, Inc.)United States Bankruptcy Court, D. Arizona · 1998
  4. Mancuso v. T. Ishida USA, Inc. (In Re Sullivan)United States Bankruptcy Court, N.D. Texas · 1993
  5. Balaber-Strauss v. GTE Supply (In Re Coin Phones, Inc.)United States Bankruptcy Court, S.D. New York · 1993

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