Legal Opinion
Adams v. Prudential Securities, Inc. (In Re Foundation for New Era Philanthropy)
United States Bankruptcy Court, E.D. Pennsylvania
Decided October 15, 1996No. 19-10294PublishedCited by 26 opinions
1Opinion of the Court
MEMORANDUM OPINION
BRUCE I. FOX, Bankruptcy Judge.
On June 26, 1996, the chapter 7 trustee, Arlin M. Adams, filed an adversary proceeding against defendant Prudential Securities, Inc. (“PSI”). While the complaint asserts thirty-four claims against PSI, the claims are quite similar for the most part.
The trustee contends that PSI received numerous “fraudulent conveyances” within the provisions of 11 U.S.C. § 548(a)(1) over a period of approximately one year, when it received transfers of funds from the debtor which were treated by PSI as repayment of margin loans made to the debtor. As the basis…
2Cases cited90 opinions
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
- Celotex Corp. v. EdwardsSupreme Court of the United States · 1995
- Perez. v. CampbellSupreme Court of the United States · 1971
- 17 Collier bankr.cas.2d 743, Bankr. L. Rep. P 71,955 in the Matter of James P. Wood, M.D. And Carol B. Wood, Debtors. Dr. Arthur E. Wood, III v. Dr. James P. Wood, Carol Wood, Woodrow Barham & Wayne Clinic, P.A.Court of Appeals for the Fifth Circuit · 1987
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3Cited by26 opinions
- Koken v. Reliance Group Holdings, Inc. (In Re Reliance Group Holdings, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2002
- Padilla v. GMAC Mortgage Corp. (In Re Padilla)United States Bankruptcy Court, E.D. Pennsylvania · 2008
- Chemtall, Inc. v. Citi-Chem, Inc.District Court, S.D. Georgia · 1998
- Porter v. NationsCredit Consumer Discount Co. (In Re Porter)United States Bankruptcy Court, E.D. Pennsylvania · 2003
- Williams v. McGreevey (In Re Touch America Holdings, Inc.)United States Bankruptcy Court, D. Delaware · 2009
21 more not listed; retrieve them via the Exa API.