Legal Opinion
In Re Sumerell
United States Bankruptcy Court, E.D. Tennessee
Decided April 12, 1996No. Bankruptcy 95-20727PublishedCited by 27 opinions
1Opinion of the Court
MEMORANDUM
MARCIA PHILLIPS PARSONS, Bankruptcy Judge.
This case is presently before the court upon the objection filed by Wachovia Bank of South Carolina (‘Wachovia”) to the debtors’ claim of exemptions in certain personal property owned by them. Wachovia alleges that the exemptions should be denied because the debtors have substantially undervalued their property and have acted in bad faith by their prepetition transfers of certain assets and their failure to list these assets in their schedules. For the reasons set forth below, the court will sustain the objection with respect to the majority…
2Cases cited69 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Taylor v. Freeland & KronzSupreme Court of the United States · 1992
- In the Matter of Daniel J. YONIKUS and Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUSCourt of Appeals for the Seventh Circuit · 1993
- In Re Thomas Howard Bell and Margaret Louise Bell, Debtors. General Motors Acceptance Corporation v. Thomas Howard Bell and Margaret Louise BellCourt of Appeals for the Sixth Circuit · 1983
- Frederick C. Lucius and Carliss Jean Lucius, Debtors-Appellants v. John C. McLemore Trustee-AppelleeCourt of Appeals for the Sixth Circuit · 1984
64 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- In the Matter of Jack E. Pratt, Jr., Deceased, Debtor. Cadle Company v. Jack E. Pratt, Jr.Court of Appeals for the Fifth Circuit · 2005
- In Re RollandUnited States Bankruptcy Court, C.D. California · 2004
- Spencer v. Blanchard (In Re Blanchard)United States Bankruptcy Court, E.D. Pennsylvania · 1996
- In Re BourneUnited States Bankruptcy Court, E.D. Tennessee · 2001
- In Re RobinsonUnited States Bankruptcy Court, S.D. Ohio · 2003
22 more not listed; retrieve them via the Exa API.