Legal Opinion

Burks v. Bailey

District Court, D. Idaho

Decided September 30, 2014No. 1:13-cv-00467-BLWPublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM DECISION

B. LYNN WINMILL, Chief Judge.

INTRODUCTION

Debtor Barry Todd Bailey appeals from the bankruptcy court’s judgment against him. For the reasons explained below, the Court will affirm in part, and reverse and remand in part.

BACKGROUND

In December 2004, Brian Burks and Todd Bailey formed Emerald Asset Management, Inc., which is a financial-planning and investment firm. The company operated without incident for around five years. In the summer of 2010, however, Bailey told Burks he was insolvent and could no longer afford the necessary business li*597censes. He asked Burks to buy him…

2Cases cited15 opinions

  1. BMW of North America, Inc. v. GoreSupreme Court of the United States · 1996
  2. Yeti by Molly Ltd. v. Deckers Outdoor Corp.Court of Appeals for the Ninth Circuit · 2001
  3. Fair Housing of Marin, a California Non-Profit Corporation v. Jack Combs, D.B.A. Waters Edge ApartmentsCourt of Appeals for the Ninth Circuit · 2002
  4. Scott v. WaltonOregon Supreme Court · 1898
  5. Robertson v. Peters (In re Weisman)Court of Appeals for the Ninth Circuit · 1993

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3Cited by2 opinions

  1. Gugino v. Clark's Crystal Springs Ranch, LLC (In re Clark)United States Bankruptcy Court, D. Idaho · 2014
  2. Honeedew Investing LLC v. Barbara AbadiDistrict Court, E.D. New York · 2026

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