Legal Opinion
CareerCom Corp. v. U.S. Department of Education (In Re CareerCom Corp.)
United States Bankruptcy Court, M.D. Pennsylvania
Decided October 15, 1997No. Bankruptcy No. 1-92-02696, Adversary No. 1-94-00427APublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM
ROBERT J. WOODSIDE, Chief Judge.
Procedural History
On December 15, 1994, the Plaintiffs/Debtors above-captioned filed this adversary proceeding to recover allegedly preferential payments made to the United States Department of Education (DOE). On January 2, 1995, the DOE answered, raising affirmative defenses of contemporaneous exchange for new value and payment in the ordinary course of business.
Pursuant to the Uniform Fraudulent Conveyance Act (UFCA), 37 Pa.C .S.A. §§ 351 et seq. and 11 U.S.C. § 544, the Plaintiffs/Debtors seek the return of liabilities and fines paid to the DOE.…
2Cases cited5 opinions
- Rubin v. Manufacturers Hanover Trust Co.Court of Appeals for the Second Circuit · 1981
- Klein v. TabatchnickCourt of Appeals for the Second Circuit · 1979
- Schaps v. Bally's Park Place, Inc.District Court, E.D. Pennsylvania · 1986
- Miller v. Willett (In Re Miller)United States Bankruptcy Court, N.D. Florida · 1993
- Matter Of Munford, Inc.Court of Appeals for the Eleventh Circuit · 1996
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- Liberty Mutual Insurance v. New York (In Re Citron)United States Bankruptcy Court, E.D. New York · 2010
- In Re: Southeast Waffles, LLC V.Bankruptcy Appellate Panel of the Sixth Circuit · 2011