Legal Opinion
Richardson v. MBNA America Bank, N.A. (In Re Clayton)
United States Bankruptcy Court, C.D. Illinois
Decided May 21, 2007No. 19-70272PublishedCited by 2 opinions
1Opinion of the Court
ORDER
MARY P. GORMAN, Bankruptcy Judge.
For the reasons set forth in an Opinion entered this day,
IT IS HEREBY ORDERED that Plaintiffs Motion for Summary Judgment be and is hereby granted in part and denied in part. This Court finds that the Debtors transferred $2,818.87 to the Defendant within the 90 days prior to their bankruptcy filing and while they were insolvent. Further, this Court finds that the payments were made on account of antecedent debt and allowed the Defendant to receive more than it would have received in a Chapter 7 liquidation if the transfer had not been made. On each of…
2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Sandra L. Waldridge v. American Hoechst Corp.Court of Appeals for the Seventh Circuit · 1994
- Union Bank v. WolasSupreme Court of the United States · 1991
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3Cited by2 opinions
- Johnston v. Campbell (In Re Campbell)United States Bankruptcy Court, C.D. Illinois · 2007
- In re ProchnowUnited States Bankruptcy Court, C.D. Illinois · 2011