Legal Opinion
Phoenix American Life Insurance v. Devan
District Court, D. Maryland
Decided April 12, 2004No. CIV. JFM-03-3667PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM
MOTZ, District Judge.
This is an appeal from a Bankruptcy Court ruling that interest payments made by debtor, Merry-Go-Round Enterprises, on post-petition policy loans obtained from appellant Phoenix American Life Insurance Company (“Phoenix”) are avoidable post-petition transfers under 11 U.S.C. § 549(a). I will affirm the ruling of the Bankruptcy Court.
I
Debtor filed for relief under the Bankruptcy Code on January 11, 1994. At that time, debtor was the owner of ten whole life insurance policies issued by Phoenix insuring the lives of ten of its executives. On September 2, 1997,…
2Cases cited12 opinions
- In Re Dant & Russell, Inc., Debtors. Burlington Northern Railroad Company, Creditor-Appellant v. Dant & Russell, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1988
- In Re Shirley Mae TOMLIN, Debtor. COLONIAL AUTO CENTER, Plaintiff-Appellee, v. Shirley Mae TOMLIN, Defendant-AppellantCourt of Appeals for the Fourth Circuit · 1997
- In Re Southeast Hotel Properties Limited PartnershipCourt of Appeals for the Fourth Circuit · 1996
- Board of Assessors of the Parish v. New York Life InsuranceSupreme Court of the United States · 1910
- Harman v. First American Bank of Maryland (In re Jeffrey Bigelow Design Group, Inc.)Court of Appeals for the Fourth Circuit · 1992
7 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- In Re: Merry-Go-Round Enterprises, Inc., Debtor. Deborah H. Devan v. Phoenix American Life Insurance CompanyCourt of Appeals for the Fourth Circuit · 2005
- Gold v. Myers Controlled Power, LLC (In re Truland Grp., Inc.)United States Bankruptcy Court, E.D. Virginia · 2018
- Devan v. Phoenix American LifeCourt of Appeals for the Fourth Circuit · 2005