In the Matter of Pat S. Holloway, Debtor. Browning Interests v. Linda W. Allison
Court of Appeals for the Fifth Circuit
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
The Browning Interests 1 appeal from the district court’s judgment affirming the judgment of the bankruptcy court which refused to set aside as a fraudulent conveyance the transfer of a security interest from the Debtor, Pat S. Holloway (“Holloway”) to one of his ex-wives, Linda W. Allison (“Allison”). Under a correct application of the law, the evidence can only support the conclusion that Allison is an insider; therefore, the transfer of the security interest is voidable as a fraudulent conveyance. Accordingly, we reverse the judgment of the district court,…
2Cases cited18 opinions
- Bose Corp. v. Consumers Union of United States, Inc.Supreme Court of the United States · 1984
- Smithkline Diagnostics, Inc. v. Helena Laboratories Corporation, Defendant/cross-AppellantCourt of Appeals for the Federal Circuit · 1989
- In the Matter of Missionary Baptist Foundation of America, Inc., Debtors. Robert B. Wilson, Trustee v. Robert G. HuffmanCourt of Appeals for the Fifth Circuit · 1983
- In the Matter of Fabricators, Inc., Debtor. Fabricators, Inc., Cross-Appellant v. Technical Fabricators, Inc., Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1991
- Browning v. NavarroCourt of Appeals for the Fifth Circuit · 1989
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