Legal Opinion

Straightline Invest v. Aalfs

Court of Appeals for the Ninth Circuit

Decided May 7, 2008No. 05-15979PublishedCited by 1 opinion

1Opinion of the Court

THOMPSON, Senior Circuit Judge:

Appellant Charles D. Aalfs (“Aalfs”) appeals a decision by the Ninth Circuit Bankruptcy Appellate Panel (“BAP”) affirming the bankruptcy court’s judgment under 11 U.S.C. § 549(a) avoiding the transfer to Aalfs of Straightline Investments, Inc.’s (“Debtor” or “Straightline”) accounts receivable which had a face value of approximately $200,600. In avoiding the transfer, the bankruptcy court ordered Aalfs to pay the Straightline trustee $163,007, the amount collected by Aalfs on the transferred accounts, and to transfer back to the trustee all uncollected accounts…

2Cases cited39 opinions

  1. 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
  2. Will Stone v. City And County Of San FranciscoCourt of Appeals for the Ninth Circuit · 1992
  3. In Re Kaypro, Debtor. Arrow Electronics, Inc. v. Howard Justus, Trustee, in Re Kaypro, Debtor. Arrow Electronics, Inc., Successor-In-Interest to Schweber Electronics, Inc. v. Howard Justus, TrusteeCourt of Appeals for the Ninth Circuit · 2000
  4. In Re Cascade Roads, Inc., Debtor. United States of America v. Peter H. Arkison, TrusteeCourt of Appeals for the Ninth Circuit · 1994
  5. Latman v. BurdetteCourt of Appeals for the Ninth Circuit · 2004

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3Cited by1 opinion

  1. In Re Straightline Investments, Inc.Court of Appeals for the Ninth Circuit · 2008

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