Legal Opinion
Still v. American National Bank & Trust Co. of Chattanooga (In Re Jorges Carpet Mills, Inc.)
United States Bankruptcy Court, E.D. Tennessee
Decided May 7, 1985No. Bankruptcy No. 1-80-02516, Adv. No. 1-83-0023PublishedCited by 27 opinions
1Opinion of the Court
RALPH H. KELLEY, Bankruptcy Judge.
The trustee in bankruptcy for Jorges Carpet Mills brought this action against the defendant bank to recover a payment of $2,561.47 to the bank. The trustee contends that Jorges’ chief executive, Charles Housch, made the payment on his personal debt, with Jorges’ money and the payment was therefore fraudulent as to Jorges and recoverable by its trustee in bankruptcy. 11 U.S.C.A. § 548. The trustee also contends that the payment is recoverable as a transfer of Jorges’ property after it was in bankruptcy. 11 U.S.C.A. § 549.
The bank earlier filed a motion for…
2Cases cited3 opinions
- Jones v. J. E. G. Enterprises, Inc. (In Re Greenbrook Carpet Co.)United States Bankruptcy Court, N.D. Georgia · 1982
- Hadley v. Acquafredda (In Re Acquafredda)United States Bankruptcy Court, M.D. Florida · 1983
- Harris v. Lone (In re Gold Coast Concepts, Inc.)United States Bankruptcy Court, S.D. Florida. · 1982
3Cited by27 opinions
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- In Re Bullion Reserve of North America, a California Corporation, Debtor. Curtis B. Danning, Chapter 7 Trustee v. Michael L. MillerCourt of Appeals for the Ninth Circuit · 1991
- In Re Southeast Hotel Properties Limited PartnershipCourt of Appeals for the Fourth Circuit · 1996
- In Re Nordic Village, Inc., Debtor. Internal Revenue Service v. Nordic Village, Inc., David O. Simon, TrusteeCourt of Appeals for the Sixth Circuit · 1991
- In Re: Video Depot, Ltd., Debtor. Kenneth Schafer v. Las Vegas Hilton CorporationCourt of Appeals for the Ninth Circuit · 1997
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