Legal Opinion
General Industries, Inc. v. Shea (In Re General Industries, Inc.)
United States Bankruptcy Court, D. Massachusetts
Decided October 30, 1987No. 19-10483PublishedCited by 43 opinions
1Opinion of the Court
OPINION
JAMES F. QUEENAN, Jr., Bankruptcy Judge.
The defendant, Raymond E. Shea (“Shea”), foreclosed upon real estate and equipment of General Industries, Inc. (the “Debtor”), and was the successful bidder at the separate auctions which were held. The Debtor and its official creditors committee have instituted this adversary proceeding, contending that the foreclosure sales were fraudulent transfers under § 548(a) of the Bankruptcy Code (11 U.S.C. § 548) 1 because the sales were made for “less than a reasonably equivalent value” within the meaning of the statute. The Court holds that Shea is…
2Cases cited31 opinions
- J. W. Durrett, Sr. v. The Washington National Insurance Co.Court of Appeals for the Fifth Circuit · 1980
- In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
- In Re Judith Lynne Madrid, Debtor. Judith Lynne Madrid v. Lawyers Title Insurance Corp., and Donald TurneyCourt of Appeals for the Ninth Circuit · 1984
- Worcester Mutual Insurance v. MarnellMassachusetts Supreme Judicial Court · 1986
- In the Matter of Numeric Corp., Bankrupt. Appeal of Russell E. BlankCourt of Appeals for the First Circuit · 1973
26 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. WellsCourt of Appeals for the Seventh Circuit · 1988
- Pemstein v. StimpsonMassachusetts Appeals Court · 1994
- Tidwell v. Amsouth Bank, N.A. (In Re Cavalier Homes of Georgia)United States Bankruptcy Court, M.D. Georgia · 1989
- Morris v. Kansas Drywall Supply Co. (In Re Classic Drywall, Inc.)District Court, D. Kansas · 1991
- Tome v. Baer (In Re Tome)United States Bankruptcy Court, C.D. California · 1990
38 more not listed; retrieve them via the Exa API.