Legal Opinion
Boyer v. Crown Stock Distribution, Inc.
Court of Appeals for the Seventh Circuit
Decided November 18, 2009No. 16-2947PublishedCited by 85 opinions
1Opinion of the Court
POSNER, Circuit Judge.
These appeals arise from the Chapter 7 bankruptcy of Crown Unlimited Machine, Inc. The trustee in bankruptcy filed an adversary action charging the defendants — a defunct corporation and its shareholders, members of a family named Stroup — with having made a fraudulent conveyance in violation of Ind.Code § 32-18-2-14(2) (section 4(a)(2) of the Uniform Fraudulent Transfer Act), a statute enforceable in a bankruptcy proceeding. See 11 U.S.C. § 544(b). After an evidentiary hearing, the bankruptcy judge awarded the trustee $3,295,000 plus prejudgment interest. The district…
2Cases cited36 opinions
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- IBT International, Inc. v. Northern (In Re International Administrative Services, Inc.)Court of Appeals for the Eleventh Circuit · 2005
- HBE Leasing Corp. v. FrankCourt of Appeals for the Second Circuit · 1995
- Mellon Bank, N.A. v. Metro Communications, Inc.Court of Appeals for the Third Circuit · 1991
- Donell v. KowellCourt of Appeals for the Ninth Circuit · 2008
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3Cited by85 opinions
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- Tronox Inc. v. Kerr McGee Corp. (In re Tronox Inc.)United States Bankruptcy Court, S.D. New York · 2013
- Whyte ex rel. SemGroup Litigation Trust v. Ritchie SG Holdings LLC (In re Semcrude, L.P.)District Court, D. Delaware · 2014
- Frank Sawyer Trust of May 1992 v. Commissioner of Internal RevenCourt of Appeals for the First Circuit · 2013
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