Legal Opinion

Decker v. Mitchell (In Re JTS Corp.)

United States Bankruptcy Court, N.D. California

Decided September 30, 2003No. 16-52527PublishedCited by 6 opinions

1Opinion of the Court

OPINION

MARILYN MOGAN, Bankruptcy Judge.

Introduction

The trustee for the bankruptcy estate of JTS Corporation alleges that certain JTS directors and other controlling persons removed millions of dollars from the corporation that otherwise belonged to the bankruptcy estate. The trustee’s second amended complaint asserts claims against the director defendants for breach of fiduciary duty, preference, fraudulent conveyance, equitable subordination, avoidance of transfers, illegal redemption of shares and alter ego liability arising out of five distinct business transactions. The complaint also…

2Cases cited39 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Pepper v. LittonSupreme Court of the United States · 1939
  4. In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
  5. Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware · 1995

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3Cited by6 opinions

  1. Oney v. Weinberg (In Re Wienberg)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2009
  2. Berg & Berg Enterprises, LLC v. BoyleCalifornia Court of Appeal · 2009
  3. Limor v. Buerger (In Re Del-Met Corp.)United States Bankruptcy Court, M.D. Tennessee · 2005
  4. Collins v. Kohlberg & Co. (In Re Southwest Supermarkets, LLC)United States Bankruptcy Court, D. Arizona · 2005
  5. Solution Trust v. 2100 Grand LLC (In re AWTR Liquidation Inc.)United States Bankruptcy Court, C.D. California · 2016

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