National City Bank v. Lapides (In Re Transcolor Corp.)
United States Bankruptcy Court, D. Maryland
1Opinion of the Court
MEMORANDUM OPINION GRANTING COMPLAINT AGAINST MORTON M. LAPIDES, SR., AND ALLECO, INC., FOR FRAUDULENT MISREPRESENTATION, FRAUDULENT CONCEALMENT AND FRAUDULENT CONVEYANCE
JAMES F. SCHNEIDER, Chief Judge.
This opinion stands for the proposition that the holder of a claim against a Chapter 7 debtor corporation has standing to sue on the claim in the bankruptcy court against the debtor and the debtor’s alter ego whose fraudulent misrepresentations on behalf of the debtor caused injury to the plaintiff and gave rise to the claim.
The instant complaint was brought by National City Bank of Minneapolis…
2Cases cited148 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- City of Los Angeles v. LyonsSupreme Court of the United States · 1983
- Allen v. WrightSupreme Court of the United States · 1984
- Valley Forge Christian College v. Americans United for Separation of Church and State, Inc.Supreme Court of the United States · 1982
- Butner v. United StatesSupreme Court of the United States · 1979
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3Cited by30 opinions
- Searcy v. Knight (In Re American International Refinery)United States Bankruptcy Court, W.D. Louisiana · 2008
- In Re American Telecom Corp.United States Bankruptcy Court, N.D. Illinois · 2004
- Guttman v. Martin (In Re Railworks Corp.)United States Bankruptcy Court, D. Maryland · 2005
- In Re Bostic Construction, Inc.United States Bankruptcy Court, M.D. North Carolina · 2010
- Butler v. Candlewood Road Partners, LLC (In re Raymond)United States Bankruptcy Court, D. Massachusetts · 2015
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