Legal Opinion
Biggs v. United States National Bank of Omaha
District Court, D. Nebraska
Decided October 17, 1980No. Civ. 78-0-526PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM
DENNEY, District Judge.
The trustee of the bankruptcy estate of National Auto Supply, Inc. [bankrupt], brings this action to set aside loan payments made by the bankrupt to the defendant United States National Bank of Omaha. The trustee alleges that these payments were fraudulent conveyances in violation of § 67(d)(2Xb) of the Bankruptcy Act. Essentially, the trustee contends that the bankrupt did not receive fair consideration for these payments because they were made to discharge a debt owed by National Auto Centers, Inc., to the defendant. A non-jury trial has been held to resolve…
2Cases cited9 opinions
- Klein v. TabatchnickCourt of Appeals for the Second Circuit · 1979
- Mayo v. Pioneer Bank & Trust Co.Court of Appeals for the Fifth Circuit · 1959
- Barr & Creelman Mill & Plumbing Supply Co. v. ZollerCourt of Appeals for the Second Circuit · 1940
- McNellis v. RaymondDistrict Court, N.D. New York · 1968
- Williams v. Twin City Co.Court of Appeals for the Ninth Circuit · 1958
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Pummill v. Greensfelder, Hemker & Gale (In Re Richards & Conover Steel, Co.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2001
- In Re BargfredeCourt of Appeals for the Eighth Circuit · 1997
- Brown v. Black (In Re Hollander)United States Bankruptcy Court, W.D. Missouri · 1982
- Dowden v. First Security Bank (In Re Mid-South Auto Brokers, Inc.)United States Bankruptcy Court, E.D. Arkansas · 2003
- Bargfrede v. St. Edward's Catholic ChurchCourt of Appeals for the Eighth Circuit · 1997
3 more not listed; retrieve them via the Exa API.