Legal Opinion
Global Technovations, Inc. v. Onkyo U.S.A. Corp. (In Re Global Technovations, Inc.)
United States Bankruptcy Court, E.D. Michigan
Decided July 2, 2010No. 19-41244PublishedCited by 11 opinions
1Opinion of the Court
AMENDED TRIAL OPINION **
THOMAS J. TUCKER, Bankruptcy Judge.
In this adversary proceeding, Plaintiff Global Technovations, Inc. (“GTI”) seeks to avoid, as a fraudulent transfer under 11 U.S.C. § 544(b) and Florida law, a $13 million payment it made and $12 million in obligations it incurred, to purchase 5,900 shares of common stock of Onkyo America, Inc. GTI purchased the stock from Defendants Onkyo Europe Electronics GMBH (“Onkyo Europe”); Onkyo Malaysia SDN. BDH. (“Onkyo Malaysia”); and Onkyo Corporation (“Onkyo Japan”) (collectively “the Onkyo Defendants”). GTI also seeks the disallowance of…
2Cases cited55 opinions
- BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
- Residential Funding Corporation v. Degeorge Financial Corp., Degeorge Home Alliance, Inc. And Degeorge Capital CorpCourt of Appeals for the Second Circuit · 2002
- West v. Goodyear Tire & Rubber Co.Court of Appeals for the Second Circuit · 1999
- Eric Esher Schmid v. Milwaukee Electric Tool Corporation Eric SchmidCourt of Appeals for the Third Circuit · 1994
- Moore v. BaySupreme Court of the United States · 1931
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3Cited by11 opinions
- Victor Stanley, Inc. v. Creative Pipe, Inc.District Court, D. Maryland · 2010
- Bavelis v. Doukas (In Re Bavelis)United States Bankruptcy Court, S.D. Ohio · 2011
- Tolliver v. Bank of America (In Re Tolliver)United States Bankruptcy Court, E.D. Kentucky · 2012
- David Cutler Industries, Ltd. v. Bank of America (In re David Cutler Industries, Ltd.)United States Bankruptcy Court, E.D. Pennsylvania · 2013
- Dery v. Karafa (In re Dearborn Bancorp, Inc.)United States Bankruptcy Court, E.D. Michigan · 2018
6 more not listed; retrieve them via the Exa API.