Legal Opinion
Clear Creek, Inc. v. Royal American Corp. (In Re International Resorts, Inc.)
District Court, N.D. Alabama
Decided January 19, 1984No. Civ. A. 78-A-0911-EPublishedCited by 7 opinions
1Opinion of the Court
REPORT OF MASTER
GEORGE S. WRIGHT, Special Master.
This is a suit to avoid an alleged fraudulent transfer pursuant to § 70(e) of the Bankruptcy Act of 1898 [formerly codified as 11 U.S.C. § 110(e) ].
PROCEDURAL BACKGROUND
On December 16, 1977, an involuntary petition in bankruptcy was filed against International Resorts, Inc. (hereafter IRI), an Alabama corporation. IRI was adjudicated a bankrupt on January 24, 1978. Ed Harwell was appointed trustee of the bankrupt estate on February 28, 1978.
On or about April 19, 1978, the trustee filed two suits: (1) a complaint against Royal American…
2Cases cited49 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Meinhard v. SalmonNew York Court of Appeals · 1928
- JC Jacobs Banking Co. v. CampbellSupreme Court of Alabama · 1981
- International Resorts, Inc. v. LambertSupreme Court of Alabama · 1977
- Seals v. Robinson & Co.Supreme Court of Alabama · 1883
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3Cited by7 opinions
- Centerstate Bank Central Florida, N.A. v. KrauseDistrict Court of Appeal of Florida · 2012
- Schempp v. Lucre Management Group, LLCColorado Court of Appeals · 2003
- Tiernan v. BarresiDistrict Court, D. Maine · 1996
- Int'l Mgmt. Grp., Inc. v. Bryant BankCourt of Civil Appeals of Alabama · 2018
- Int'l Mgmt. Grp., Inc. v. Bryant BankCourt of Civil Appeals of Alabama · 2018
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