Legal Opinion
Crocker v. Matthews (In re Matthews)
United States Bankruptcy Court, D. Maryland
Decided April 30, 2019No. Case No. 17-17605-DER; Adversary Pro. No. 17-00447-DERPublishedCited by 3 opinions
1Opinion of the Court
DAVID E. RICE, U.S. BANKRUPTCY JUDGE
Joshua Matthews ("Matthews") was the founder of Bulk Head Brewing Company, LLC ("BHB"), a failed start-up craft brewing business. Scott and Leah Crocker invested $ 52,000 in equity interests in BHB in August and September of 2016. Scott *844Crocker ("Crocker") later guaranteed a $ 100,000 loan by Howard Bank to BHB in January of 2017. Ultimately, BHB never opened for business and Crocker paid $ 98,560.13 in November of 2017 to satisfy BHB's loan liability to Howard Bank. The Crockers thus lost $ 150,560.13 on their investments in BHB.
In June of 2017, Matthews…
2Cases cited19 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Kawaauhau v. GeigerSupreme Court of the United States · 1998
- Brown v. FelsenSupreme Court of the United States · 1979
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Lamar, Archer & Cofrin, LLP v. ApplingSupreme Court of the United States · 2018
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3Cited by3 opinions
- Bank Northwest v. ClevengerUnited States Bankruptcy Court, W.D. Missouri · 2020
- Bank Northwest v. ClevengerUnited States Bankruptcy Court, W.D. Missouri · 2020
- Cantwell-Cleary Co., Inc. v. Cleary Packaging, LLCUnited States Bankruptcy Court, D. Maryland · 2021