Legal Opinion
In Re N. Eddie Montgomery and Southland Escrow Services, Inc., Consolidated Debtors. John C. McLemore Trustee v. Third National Bank in Nashville
Court of Appeals for the Third Circuit
Decided January 21, 1993No. 92-5392PublishedCited by 78 opinions
1Opinion of the Court
DAVID A. NELSON, Circuit Judge.
The debtors in this complex bankruptcy case operated a massive check kiting scheme through which they obtained what amounted to unauthorized loans from a number of different banks. On March 21, 1988 — a date within the 90-day preference period before the filing of bankruptcy petitions against the debtors — the level of unauthorized loans at one of the banks, defendant Third National Bank in Nashville, reached a high point of more than $2 million. A month later that figure had been reduced to zero, the debtors having paid off the unauthorized loans at Third…
2Cases cited8 opinions
- Begier v. Internal Revenue ServiceSupreme Court of the United States · 1990
- Bankr. L. Rep. P 71,434 Coral Petroleum, Inc. v. Banque Paribas-LondonCourt of Appeals for the Fifth Circuit · 1986
- In the Matter of Joseph D. Smith, Doing Business as J.D. Management Services and G.L. Properties, Debtor. Appeal of David R. Boyer, TrusteeCourt of Appeals for the Seventh Circuit · 1992
- 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
- First Federal of Michigan v. BarrowCourt of Appeals for the Sixth Circuit · 1989
3 more not listed; retrieve them via the Exa API.
3Cited by78 opinions
- In Re: Marilyn E. Morris, Debtor. John Poss v. Marilyn E. MorrisCourt of Appeals for the Sixth Circuit · 2001
- In Re EgidiCourt of Appeals for the Eleventh Circuit · 2009
- Chase Manhattan Mortgage Corp. v. Shapiro (In Re Lee)Court of Appeals for the Sixth Circuit · 2008
- Cassirer v. Herskowitz (In Re Schick)United States Bankruptcy Court, S.D. New York · 1999
- Keach v. Wheeling & Lake Erie Ry. Co. (In Re Montreal, Maine & Atl. Railway, Ltd.)Court of Appeals for the First Circuit · 2018
73 more not listed; retrieve them via the Exa API.