Legal Opinion

Rainbow Trust v. Moulton Construction, Inc. (In Re Rainbow Trust)

United States Bankruptcy Court, D. Vermont

Decided October 4, 1996No. 19-10036PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM DECISION GRANTING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT

FRANCIS G. CONRAD, Bankruptcy Judge.

Before us 1 , on cross-motions for summary judgment, is the issue of whether Moulton is entitled to a holdback amount of $159,250 plus interest or whether Moulton must instead turn over funds previously distributed to it as a secured creditor. We hold that Moulton is entitled to the holdback amount, plus interest, as a matter of law. Presenting this matter of law in a perspicuous manner without a brief recitation of the undisputed material facts, however, would be unthinkable. Consequently,…

2Cases cited14 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Howard Hossman v. William Spradlin, James Kimmel and Jack R. DuckworthCourt of Appeals for the Seventh Circuit · 1987
  3. John W. Farries v. Stanadyne/chicago DivisionCourt of Appeals for the Seventh Circuit · 1987
  4. Eastman MacHine Company, Inc. v. United StatesCourt of Appeals for the Second Circuit · 1988
  5. United States Steel Corp. v. Elton H. Darby, Defendant-Third Party v. Southern Fabricating Company, Inc., Third PartyCourt of Appeals for the Third Circuit · 1975

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3Cited by5 opinions

  1. In Re WeidelUnited States Bankruptcy Court, M.D. North Carolina · 1997
  2. In Re Worldcom, Inc.United States Bankruptcy Court, S.D. New York · 2009
  3. In Re AhokasUnited States Bankruptcy Court, D. Vermont · 2007
  4. In Re Rainbow TrustBankruptcy Appellate Panel of the Second Circuit · 1997
  5. Rainbow Trust v. Moulton Construction, Inc. (In Re Rainbow Trust)United States Bankruptcy Court, D. Vermont · 1997

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