Martin v. Phillips (In Re Butcher)
United States Bankruptcy Court, E.D. Tennessee
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
- Rubin v. Manufacturers Hanover Trust Co.Court of Appeals for the Second Circuit · 1981
- Meister v. Jamison (In Re Jamison)United States Bankruptcy Court, D. Connecticut · 1982
3Cited by13 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
- Wyle v. C.H. Rider & Family (In re United Energy Corp.)Court of Appeals for the Ninth Circuit · 1991
- Heritage Bank Tinley Park v. Steinberg (In Re Grabill Corp.)United States Bankruptcy Court, N.D. Illinois · 1990
- Charles Lisle v. John Wiley & Sons InCourt of Appeals for the Sixth Circuit · 2006
- 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
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