Legal Opinion
Addison v. Seaver
Court of Appeals for the Eighth Circuit
Decided August 7, 2008No. 07-2064, 07-2727PublishedCited by 79 opinions
1Opinion of the Court
SMITH, Circuit Judge.
Shortly before Lance Addison filed his bankruptcy petition, he converted a portion of his nonexempt assets into exempt assets. After the bankruptcy trustee (“Trustee”) filed an objection to Addison’s claimed exemptions, the bankruptcy court concluded that Addison converted the assets with the intent to hinder, delay, or defraud a creditor. As a result, the bankruptcy court reduced Addison’s homestead exemption by $11,500, and denied the exemption claimed in his Roth IRA. The bankruptcy court also ruled that two college tuition savings accounts Addison had established for…
2Cases cited17 opinions
- Coder v. ArtsSupreme Court of the United States · 1909
- Sholdan v. DietzCourt of Appeals for the Eighth Circuit · 1997
- In Re: Daryl Lee Vote, Debtor. Wayne Drewes, as Bankruptcy Trustee v. Daryl Lee VoteCourt of Appeals for the Eighth Circuit · 2002
- In Re: Farmland Industries, Inc., Debtor. Official Committee of Unsecured Creditors v. Farmland Industries, Inc.Court of Appeals for the Eighth Circuit · 2005
- Forsberg v. Security State Bank of CanovaCourt of Appeals for the Eighth Circuit · 1926
12 more not listed; retrieve them via the Exa API.
3Cited by79 opinions
- Drumheller v. DrumhellerSupreme Court of Vermont · 2009
- Ritchie Capital Management v. John StoebnerCourt of Appeals for the Eighth Circuit · 2015
- Bayou Accredited Fund, LLC v. Redwood Growth Partners, L.P. (In Re Bayou Group, LLC)United States Bankruptcy Court, S.D. New York · 2008
- Wiggains v. Reed (In re Wiggains)Court of Appeals for the Fifth Circuit · 2017
- Bucher v. Dakota Finance Corp. (In re Whitaker)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2012
74 more not listed; retrieve them via the Exa API.