Legal Opinion

Martin v. Phillips (In Re Butcher)

United States Bankruptcy Court, E.D. Tennessee

Decided March 6, 1986No. Bankruptcy No. 3-83-01008, Adv. No. 3-85-1104PublishedCited by 13 opinions

1Opinion of the Court

CLIVE W. BARE, Bankruptcy Judge.

The trustee seeks to avoid as a fraudulent transfer the payment of $8,838.33 to the defendant Phillips. 11 U.S.C.A. §§ 544(b), 1 548 2 (West 1979). 3 The facts are not in dispute. Pertinent documents have been stipulated.

I

On March 12, 1971, Beckham L. Phillips, now deceased, and the defendant Hazel Phillips, sold to East Tennessee Realty, Inc., a 6-acre tract in Anderson County, Tennessee, for the sum of $130,000.00. A down payment of $30,000.00 was made and a deed of trust for $100,000.00 was executed in the subject property to secure the balance. 4 The note…

2Cases cited2 opinions

  1. Rubin v. Manufacturers Hanover Trust Co.Court of Appeals for the Second Circuit · 1981
  2. Meister v. Jamison (In Re Jamison)United States Bankruptcy Court, D. Connecticut · 1982

3Cited by13 opinions

  1. 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
  2. Wyle v. C.H. Rider & Family (In re United Energy Corp.)Court of Appeals for the Ninth Circuit · 1991
  3. Heritage Bank Tinley Park v. Steinberg (In Re Grabill Corp.)United States Bankruptcy Court, N.D. Illinois · 1990
  4. Charles Lisle v. John Wiley & Sons InCourt of Appeals for the Sixth Circuit · 2006
  5. Ohio Corrugating Co. Ex Rel. Official Creditors Committee v. Security Pacific Business Credit, Inc. (In Re Ohio Corrugating Co.)United States Bankruptcy Court, N.D. Ohio · 1987

8 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API