Legal Opinion
Collins v. Kohlberg & Co. (In Re Southwest Supermarkets, LLC)
United States Bankruptcy Court, D. Arizona
Decided May 26, 2005No. Bankruptcy No. 2-01-14805-RJH, Bankruptcy No. 2-01-14806-RJH, Bankruptcy No. 2-01-14807-RJH, Bankruptcy No. 2-01-14808-RJH, Bankruptcy No. 2-01-14809-RJH, Bankruptcy No. 2-01-14810-RJH, Bankruptcy No. 2-01-14811-RJH, Bankruptcy No. 2-01-14812-RJH, Adversary No. 03-00945PublishedCited by 13 opinions
1Opinion of the Court
OPINION RE KOHLBERG’S MOTION TO DISMISS SECOND AMENDED COMPLAINT
RANDOLPH J. HAINES, Bankruptcy Judge.
Defendants’ motion to dismiss argues that statutes of limitations bar the Trustee’s claims for breaches of fiduciary duty and for avoidance of fraudulent transfers to themselves by the Debtor’s managers. The Court concludes that the protections of statutes of limitations are not available to self-dealing fiduciaries. The .Court also concludes that the discovery rule applicable to actual fraudulent transfers prevents the running of limitations against the hypothetical creditor of § 544(a)(2), 1…
2Cases cited27 opinions
- Bennett v. SpearSupreme Court of the United States · 1997
- Grupo Mexicano De Desarrollo, S. A. v. Alliance Bond Fund, Inc.Supreme Court of the United States · 1999
- Taylor v. Standard Gas & Electric Co.Supreme Court of the United States · 1939
- Official Committee of Unsecured Creditors v. R.F. Lafferty & Co., Inc. Cogen Sklar, L.L.PCourt of Appeals for the Third Circuit · 2001
- St. Paul Fire and Marine Insurance Company v. Pepsico, Inc., Pepsico, Inc., Third-Party v. Banner Industries, Inc., Third-PartyCourt of Appeals for the Second Circuit · 1989
22 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Rieser v. Hayslip (In Re Canyon Systems Corp.)United States Bankruptcy Court, S.D. Ohio · 2006
- Alberts v. Tuft (In Re Greater Southeast Community Hospital Corp.)District Court, District of Columbia · 2005
- State Bank & Trust Co. v. Spaeth (In Re Motorwerks, Inc.)United States Bankruptcy Court, S.D. Ohio · 2007
- In re TPG Troy, LLCUnited States Bankruptcy Court, S.D. New York · 2013
- Picard v. JPMorgan Chase & Co.District Court, S.D. New York · 2011
8 more not listed; retrieve them via the Exa API.