Legal Opinion

Rider v. Wyle (In Re United Energy Corp.)

United States Bankruptcy Appellate Panel for the Ninth Circuit

Decided August 11, 1989No. BAP Nos. NC-87-1843 VMoP, NC-87-2262 VMoP, NC-87-2263 VMoP, NC-87-2264 VMoP, NC-87-2265 VMoP and NC-87-2287 VMoP, Bankruptcy No. 3-85-00636 LK, Adv. Nos. 3-86-0409 LK, 3-86-0408 LK, 3-86-0412 TC, 3-86-0413 LK, 3-86-0414 TCPublishedCited by 14 opinions

1Opinion of the Court

OPINION

VOLINN, Bankruptcy Judge:

We consider here various related appeals. In BAP No. NO-87-1843, appellants C.H. Rider and Family, a partnership, and C.H. Rider and Thomas A. Rider, individually (hereinafter referred to collectively as Rider), purchased solar energy production modules from debtor United Energy Corporation (hereinafter UEC). The modules were to be paid for by sale of their power production to a related debtor, Renewable .Power Corporation (hereinafter RPC). The debtor corporations were instruments in a Ponzi scheme 1 whereby the modules never produced power and RPC, the…

2Cases cited12 opinions

  1. Cunningham v. BrownSupreme Court of the United States · 1924
  2. Merrill v. Abbott (In Re Independent Clearing House Co.)District Court, D. Utah · 1987
  3. In Re Bullion Reserve of North America, a California Corporation, Curtis B. Danning, Chapter 7 Trustee v. Theodore P. BozekCourt of Appeals for the Ninth Circuit · 1988
  4. Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
  5. Henderson v. Allred (In Re Western World Funding, Inc.)United States Bankruptcy Court, D. Nevada · 1985

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3Cited by14 opinions

  1. Martino v. Edison Worldwide Capital (In Re Randy)United States Bankruptcy Court, N.D. Illinois · 1995
  2. 23 Collier bankr.cas.2d 1517, Bankr. L. Rep. P 73,652 in Re Agricultural Research and Technology Group, Inc., a Hawaii Corporation, Debtor. Thomas E. Hayes, Trustee v. Palm Seedlings Partners-A, a Hawaii Limited Partnership Grant-Buskett Management Corporation, Individually and as General Partner of the Partnership Robert B. Grant Ruth M. Jasper, Trustee for the Ruth M. Jasper Revocable Living Trust Florine A. Katz Edwin Y.W. Fong Nancy Foos Jerome O.C.C. Leong Joseph C.C. Leong Lon D. Pierce George A. Reich John F. Smith Myron F. Tethal Marian F. Townsend Nancy R. Weisner and James W. Winters, Individually and as Limited Partners of Said PartnershipCourt of Appeals for the Ninth Circuit · 1990
  3. In Re AFI Holding, Inc.Court of Appeals for the Ninth Circuit · 2008
  4. Marciano v. Fahs (In Re Marciano)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2011
  5. Wyle v. C.H. Rider & Family (In re United Energy Corp.)Court of Appeals for the Ninth Circuit · 1991

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