Legal Opinion
Allard v. Flamingo Hilton (In re Chomakos)
Court of Appeals for the Sixth Circuit
Decided November 13, 1995No. 94-1712PublishedCited by 18 opinions
1Opinion of the Court
DAVID A. NELSON, Circuit Judge.
This is a bankruptcy case in which the trustee sought to recover pre-petition gambling losses from the operator of a state-regulated casino. The casino operator contended that the opportunity for the debtors to win more than the sums they bet, coupled with the entertainment value that the casino provided its customers, constituted “reasonably equivalent value” and “fair consideration” for the bets at issue. The bankruptcy court accepted this contention and held that the bets were not voidable under the Bankruptcy Code or under the Uniform Fraudulent Conveyance…
2Cases cited4 opinions
- Christians v. Crystal Evangelical Free Church (In Re Young)District Court, D. Minnesota · 1993
- Wilson v. Upreach Ministries (In Re Missionary Baptist Foundation of America, Inc.)United States Bankruptcy Court, N.D. Texas · 1982
- Allard v. Hilton (In Re Chomakos)United States Bankruptcy Court, E.D. Michigan · 1993
- Christians v. Crystal Evangelical Free Church ( in Re Young)United States Bankruptcy Court, D. Minnesota · 1992
3Cited by18 opinions
- Hirsch v. Steinberg (In Re Colonial Realty Co.)United States Bankruptcy Court, D. Connecticut · 1998
- In Re ChomakosCourt of Appeals for the Sixth Circuit · 1995
- Pereira v. Wells Fargo Bank, N.A. (In Re Gonzalez)United States Bankruptcy Court, S.D. New York · 2006
- White v. Coyne, Schultz, Becker & Bauer, S.C. (In re Pawlak)United States Bankruptcy Court, W.D. Wisconsin · 2012
- Word Investments, Inc. v. Bruinsma (In Re TML, Inc.)United States Bankruptcy Court, W.D. Michigan · 2003
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