Vadnais Lumber Supply, Inc. v. Byrne (In Re Vadnais Lumber Supply, Inc.)
United States Bankruptcy Court, D. Massachusetts
1Opinion of the Court
OPINION
JAMES F. QUEENAN, Jr., Bankruptcy Judge.
This litigation follows in the wake of a leveraged buyout of Vadnais Lumber Supply, Inc., the debtor in this Chapter 11 proceeding (the “Debtor”). It is apparently a case of first impression concerning the fraudulent transfer consequences of stock redemptions accompanied by noncompetitive covenants to which separate considerations have been allocated. Also presented are questions under preference law of business valuation in determination of insolvency and application of the so-called “earmarking” doctrine. We set forth here completely amended…
2Cases cited33 opinions
- Moore v. BaySupreme Court of the United States · 1931
- National Bank of Newport v. National Herkimer County Bank of Little FallsSupreme Court of the United States · 1912
- Bankr. L. Rep. P 71,434 Coral Petroleum, Inc. v. Banque Paribas-LondonCourt of Appeals for the Fifth Circuit · 1986
- United States v. Tabor Court Realty Corp.Court of Appeals for the Third Circuit · 1986
- In Re Roco Corporation, D/B/A Standard Supply Company, Debtor. Edward Consove v. Avram CohenCourt of Appeals for the First Circuit · 1983
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3Cited by63 opinions
- MFS/Sun Life Trust-High Yield Series v. Van Dusen Airport Services. Co.District Court, S.D. New York · 1995
- In Re Mama D'angelo, Inc., Debtor. Duane H. Gillman, Trustee v. Scientific Research Products Inc. Of DelawareCourt of Appeals for the Tenth Circuit · 1995
- Doly v. Chang (In Re Joy Recovery Technology Corp.)United States Bankruptcy Court, N.D. Illinois · 2002
- Yoder v. T.E.L. Leasing, Inc. (In Re Suburban Motor Freight, Inc.)United States Bankruptcy Court, S.D. Ohio · 1991
- Stalnaker v. DLC, Ltd. (In Re DLC, Ltd.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2003
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