Legal Opinion

Metsch v. First Alabama Bank of Mobile (In Re Colombian Coffee Co.)

District Court, S.D. Florida

Decided June 24, 1987No. 86-1214-CivPublishedCited by 29 opinions

1Opinion of the Court

MEMORANDUM DECISION

SCOTT, District Judge.

The Trustee of Colombian Coffee Co., Inc. (“Trustee”), Lawrence R. Metsch, brought an adversary proceeding in the United States Bankruptcy Court for the Southern District of Florida to recover $3,787,000 from the First Alabama Bank of Mobile (“Bank”). As grounds for recovery, the Trustee alleged that the funds constituted a fraudulent transfer under 11 U.S.C. § 548(a). He further alleged that the Bank, as the “initial transferee” or as an “immediate or mediate transferee,” was liable under § 550(a).

The operative facts, succinctly stated by Chief Judge…

2Cases cited17 opinions

Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
Bank of Marin v. EnglandSupreme Court of the United States · 1966
Muniz v. HoffmanSupreme Court of the United States · 1975
Perry v. Commerce Loan Co.Supreme Court of the United States · 1966

12 more not listed; retrieve them via the Exa API.

3Cited by29 opinions

Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
Republic of Panama v. BCCI Holdings (Luxembourg) S.A.Court of Appeals for the Eleventh Circuit · 1997
In Re Chase & Sanborn Corporation, Debtor. Paul C. Nordberg, Creditor Trustee v. Arab Banking CorporationCourt of Appeals for the Eleventh Circuit · 1990
In Re Chase & Sanborn Corporation, F/k/a General Coffee Corporation, Debtors. Paul C. Nordberg, as Creditor Trustee v. Societe GeneraleCourt of Appeals for the Eleventh Circuit · 1988
In Re FinleyCourt of Appeals for the Second Circuit · 1997

24 more not listed; retrieve them via the Exa API.