Legal Opinion
Fryman v. Century Factors (In Re Art Shirt Ltd.)
District Court, E.D. Pennsylvania
Decided March 23, 1988No. Bankruptcy 80-03428S; Civ. A. 87-1175, 87-1176; Adv. 82-2341(8)S, 82-0240(12)SPublishedCited by 72 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
McGLYNN, District Judge.
• This is an appeal from a bankruptcy court decision allowing Louis Fryman, Trustee for Debtor Corporation, to avoid two transfers by Debtor to Century Factors, a factor for two of Debtor’s suppliers. Century Factors contends: that the bankruptcy court erroneously considered pension liability as a debt in determining Debtor’s solvency; that there was no evidence supporting a finding of insolvency; that the Trustee’s expert did not correctly value Debtor’s assets; and that the Trustee failed to prove all of the elements of a § 547 preference…
2Cases cited36 opinions
- Pension Benefit Guaranty Corporation v. RA Gray & Co.Supreme Court of the United States · 1984
- Trustees of the Amalgamated Insurance Fund v. McFarlin's, Inc.Court of Appeals for the Second Circuit · 1986
- Merrill v. Abbott (In Re Independent Clearing House Co.)District Court, D. Utah · 1987
- Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
- Louis F. Peick v. Pension Benefit Guaranty CorporationCourt of Appeals for the Seventh Circuit · 1983
31 more not listed; retrieve them via the Exa API.
3Cited by72 opinions
- Teamsters Joint Council No. 83 v. Centra, Inc.Court of Appeals for the Fourth Circuit · 1991
- Burtch v. Opus, LLC (In re Opus East, LLC)United States Bankruptcy Court, D. Delaware · 2015
- 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
- In the Matter of Taxman Clothing Co., Inc., Debtor. Appeal of Arthur Winer, Inc.Court of Appeals for the Seventh Circuit · 1990
- Gannett Co., Inc. v. KanagaSupreme Court of Delaware · 2000
67 more not listed; retrieve them via the Exa API.