In Re Michael v. Frierdich, Sr., Debtor v. Steven v. Mottaz, Trustee of the Estate of Michael v. Frierdich, Sr. v. Beverly Oswald
Court of Appeals for the Seventh Circuit
1Opinion of the Court
TERENCE T. EVANS, Circuit Judge.
Michael Frierdich is a Chapter 7 debtor, which means, in simplest terms, that he does not have enough assets to pay off a staggering amount of debt. This case, between the bankruptcy trustee (Mottaz) and Frierdich’s wife (Oswald), turns on when Frierdich transferred shares of stock (or their proceeds, worth $400,000) to Oswald. The answer to that question affects whether Mottaz can upset the transfer and obtain its proceeds for distribution to Frier-dich’s creditors. Oswald, who would just as soon keep the $400,000, has already had two swings at this issue. She…
2Cases cited8 opinions
- Barnhill v. JohnsonSupreme Court of the United States · 1992
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- In the Matter of Fbn Food Services, Inc., Debtor. River Bank AmericaCourt of Appeals for the Seventh Circuit · 1996
- In Re Marrs-Winn Company, Inc., Debtor. Marrs-Winn Company, Inc. And J.S. Alberici Construction Company, Inc. v. Giberson Electric, Inc.Court of Appeals for the Seventh Circuit · 1996
- In Re Darrell Ray Atchison and Anola Marie Atchison, Debtors. Charles E. Jones, Trustee v. Anola Marie AtchisonCourt of Appeals for the Seventh Circuit · 1991
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