Legal Opinion

Gillman v. Preston Family Investment Co. (In Re Richardson)

United States Bankruptcy Court, D. Utah

Decided October 2, 1982No. 19-21128PublishedCited by 77 opinions

1Opinion of the Court

MEMORANDUM OPINION

GLEN E. CLARK, Bankruptcy Judge.

INTRODUCTION AND BACKGROUND

This case requires the Court to decide whether 11 U.S.C. §§ 544(a)(3), 544(b), or 548(a)(2) permits a trustee to avoid a nonjudicial foreclosure sale held under a Utah deed of trust. Central to the issue of avoidance under Section 548(a)(2) is whether the Court should follow Durrett v. Washington National Insurance Co., 621 F.2d 201 (5th Cir. 1980) or Lawyers Title Insurance Corp. v. Madrid (In re Madrid), 21 B.R. 424 (9th Cir. App. Pan. 1982).

The Richardsons (debtors), husband and wife, bought a home in 1976, giving…

2Cases cited30 opinions

  1. United States v. Diebold, Inc.Supreme Court of the United States · 1962
  2. State ex rel. Southwestern Bell Telephone Co. v. Public Service Commission of MissouriSupreme Court of the United States · 1923
  3. J. W. Durrett, Sr. v. The Washington National Insurance Co.Court of Appeals for the Fifth Circuit · 1980
  4. McCannon v. MarstonCourt of Appeals for the Third Circuit · 1982
  5. Mustang Fuel Corporation, a Corporation v. Youngstown Sheet and Tube Company, an Ohio CorporationCourt of Appeals for the Tenth Circuit · 1975

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

3Cited by77 opinions

  1. In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
  2. Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
  3. In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. WellsCourt of Appeals for the Seventh Circuit · 1988
  4. Varon v. Trimble, Marshall & Goldman, P.C. (In Re Euro-Swiss International Corp.)United States Bankruptcy Court, S.D. New York · 1983
  5. Saghi v. Walsh (In Re Gurs)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983

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

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