Legal Opinion

Orlando De Aragon, as Trustee of Central San Vicente, Inc. v. The Chase Manhattan Bank

Court of Appeals for the First Circuit

Decided March 30, 1972No. 71-1129PublishedCited by 10 opinions

1Opinion of the Court

STEPHENSON, Circuit Judge.

This is an appeal from a decision of the trial court dismissing the complaint of the Chapter X Trustee of Central San Vicente, Inc. 1 (San Vicente), a Puerto Rican sugar mill, seeking to recover the $250,000 paid by San Vicente to the ap-pellee, The Chase Manhattan Bank (Chase) alleged to be a fraudulent transfer as defined by § 67d of the Bankruptcy Act, 11 U.S.C. § 107. Appellant challenges certain findings and conclusions of the trial court which will be discussed seriatim. It will be helpful if we set out a brief summary of the trial court’s findings and…

2Cases cited7 opinions

  1. Mayo v. Pioneer Bank & Trust Co.Court of Appeals for the Fifth Circuit · 1959
  2. Joseph Cohen, as Trustee in Bankruptcy of New York Investors Mutual Group, Inc., Bankrupt v. Ida SutherlandCourt of Appeals for the Second Circuit · 1958
  3. Gilmer v. WoodsonCourt of Appeals for the Fourth Circuit · 1964
  4. Nicklaus v. PEOPLES BANK & TRUST CO., RUSSELLVILLE, ARK.District Court, E.D. Arkansas · 1965
  5. G. L. Nicklaus, Trustee in Bankruptcy of the Estate of Bronson Woodworth, Inc., Bankrupt v. Peoples Bank & Trust Company, Russellville, ArkansasCourt of Appeals for the Eighth Circuit · 1966

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3Cited by10 opinions

  1. Chrysler Capital Corp. v. Century Power Corp.District Court, S.D. New York · 1991
  2. Murphy v. Meritor Savings Bank (In Re O'Day Corp.)United States Bankruptcy Court, D. Massachusetts · 1991
  3. Inland Security Company, Inc. v. Estate of KirshnerDistrict Court, W.D. Missouri · 1974
  4. John Ownbey Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1981
  5. Silagy v. Gagnon (In Re Gabor)United States Bankruptcy Court, N.D. Ohio · 2002

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