Legal Opinion

Rodino v. Barondess (In Re Good Time Charley's, Inc.)

United States Bankruptcy Court, D. New Jersey

Decided July 31, 1984No. 19-11898PublishedCited by 7 opinions

1Opinion of the Court

OPINION

D. JOSEPH DeVITO, Bankruptcy Judge.

In this adversary matter, the trustee of the above debtor, Good Time Charley’s, Inc. (GTC), seeks to set aside a mortgage given by GTC to Charles Barondess. The trustee moves under § 544 of the Bankruptcy Code on the grounds that the mortgage constitutes a fraudulent conveyance within the scope of the New Jersey Corporations Act, N.J.S.A. 14A:14-10[2] & [3].

On April 6, 1977, Barondess sold 100 per cent of the stock of GTC to Victor Freda, Joseph Signorelli and James Freda for $230,000. Barondess received a cash payment of $30,000 at closing and the…

2Cases cited17 opinions

  1. Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
  2. Heiser v. WoodruffSupreme Court of the United States · 1946
  3. Aetna Ins. Co. v. Gilchrist Brothers, Inc.Supreme Court of New Jersey · 1981
  4. Wm. Blanchard Co. v. Beach Concrete Co., Inc.New Jersey Superior Court Appellate Division · 1977
  5. New Jersey-Philadelphia Presbytery of the Bible Presbyterian Church v. New Jersey State Board of Higher EducationCourt of Appeals for the Third Circuit · 1981

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3Cited by7 opinions

  1. Gray v. Fill (In Re Fill)United States Bankruptcy Court, S.D. New York · 1987
  2. United States v. JacksonUnited States Court of Military Appeals · 1952
  3. United States v. PettersenU.S. Navy-Marine Corps Court of Military Review · 1982
  4. Wolf v. Tzanides (In re Tzanides)United States Bankruptcy Court, D. New Jersey · 2017
  5. In Re TurnerUnited States Bankruptcy Court, E.D. Tennessee · 1987

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

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