Steinberg v. Johnson (In Re Edward M. Johnson & Associates, Inc.)
United States Bankruptcy Court, E.D. Tennessee
1Opinion of the Court
MEMORANDUM
CLIVE W. BARE, Bankruptcy Judge.
Asserting rights as a third party beneficiary under a stock purchase agreement, the trustee seeks judgment against the defendant, the sole stockholder and former president of the debtor, in the amount of $81,229.81. Further, the trustee alleges a fraudulent transfer and seeks an additional judgment against the defendant in the amount of $154,350.80, plus prejudgment interest.
I
An involuntary petition was filed against the debtor, Edward M. Johnson & Associates, Inc., on May 15, 1984, and was subsequently sustained.
The debtor was incorporated in or…
2Cases cited11 opinions
- Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
- Clifton E. Baird and Violet L. Baird v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1958
- Eidson v. Hardware Mut. Casualty Co.Tennessee Supreme Court · 1950
- Central State Bank v. EdwardsCourt of Appeals of Tennessee · 1937
- Citizens Bank v. Leach (In Re Leach)United States Bankruptcy Court, W.D. Kentucky · 1983
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- Great American Insurance v. O'Brien (In Re O'Brien)United States Bankruptcy Court, W.D. Tennessee · 1993
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