Legal Opinion

Baldi v. Samuel Son & Co., Ltd.

Court of Appeals for the Seventh Circuit

Decided November 24, 2008No. 08-1022, 08-1136PublishedCited by 32 opinions

1Opinion of the Court

POSNER, Circuit Judge.

The trustee in bankruptcy (we simplify — actually there are two trustees) of a defunct firm named Longview Aluminum LLC filed adversary actions in bankruptcy court to recover for the debtor’s estate several payments that Longview had made within four years before it declared bankruptcy. The principal basis for the claims and the only one we need discuss is 11 U.S.C. § 544(b), which allows a trustee in bankruptcy to avoid transfers made by the bankrupt that would be voidable under state law if made by an unsecured creditor. The Uniform Fraudulent Transfer Act, in force in…

2Cases cited12 opinions

  1. In Re Chase & Sanborn Corporation, Debtor. Paul C. Nordberg, Creditor Trustee v. Arab Banking CorporationCourt of Appeals for the Eleventh Circuit · 1990
  2. In the Matter of Xonics Photochemical, Inc., Debtor. Appeal of Mitsui and Company (u.s.a.), IncCourt of Appeals for the Seventh Circuit · 1988
  3. Federal Deposit Insurance Corporation v. Melvyn Bell, Darlene Bell, Bell Holdings, Inc., Bell Equities, Inc.Court of Appeals for the Eighth Circuit · 1997
  4. Freeland v. Enodis Corp.Court of Appeals for the Seventh Circuit · 2008
  5. Charles E. Covey, as Trustee of v. Jobst & Sons, Inc., Cross-Appellant v. Commercial National Bank of Peoria, Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1992

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3Cited by32 opinions

  1. Boyer v. Crown Stock Distribution, Inc.Court of Appeals for the Seventh Circuit · 2009
  2. Wagner v. Ultima Homes, Inc. (In re Vaughan Co.)United States Bankruptcy Court, D. New Mexico · 2013
  3. Fox v. Hathaway (In Re Chi. Mgmt. Consulting Grp., Inc.)Court of Appeals for the Seventh Circuit · 2019
  4. Bachrach Clothing, Inc. v. Bachrach (In re Bachrach Clothing, Inc.)United States Bankruptcy Court, N.D. Illinois · 2012
  5. Cox v. Nostaw, Inc. (In re Central Illinois Energy Cooperative)United States Bankruptcy Court, C.D. Illinois · 2014

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