Legal Opinion

Velde v. Morrison (In re McMartin)

United States Bankruptcy Court, D. North Dakota

Decided March 21, 2019No. Bankruptcy No. 17-30558; Adversary No. 18-07023Published

1Opinion of the Court

SHON HASTINGS, UNITED STATES BANKRUPTCY JUDGE

I. INTRODUCTION

Plaintiff David G. Velde, Chapter 7 Trustee, filed a Complaint seeking to avoid a $ 22,000 payment Debtor Ronald G. McMartin, Jr., made to Defendant Scott Morrison, as Trustee of the Morrison Family Trust, on an obligation owed by McM, Inc. Doc. 1.1 The Trustee alleges the payment is a voidable transfer under 11 U.S.C. §§ 544 and 548 and N.D.C.C. § 13-02.1-04(1)(b), and he seeks to recover the transfer under 11 U.S.C. § 550. Specifically, he prays for judgment in the sum of $ 22,000 plus costs and disbursements. Id. at 4.

Morrison…

2Cases cited24 opinions

  1. BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
  2. In Re Ozark Restaurant Equipment Co. Inc. Jill R. Jacoway, Trustee v. Bruce Anderson, Elmer Dale Yancey, Kenneth Eads, Robert Whiteley, and Anderson Cajun's Wharf, Jill R. Jacoway, Trustee v. Anderson Cajun's Wharf, Jill R. Jacoway, Trustee v. Hayden McIlroy of McIlroy Bank and Trust, Ed Yancey, Bruce Anderson, Kenneth EadsCourt of Appeals for the Eighth Circuit · 1988
  3. Pummill v. Greensfelder, Hemker & Gale (In Re Richards & Conover Steel, Co.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2001
  4. First National Bank v. Minnesota Utility Contracting, Inc. (In Re Minnesota Utility Contracting, Inc.)District Court, D. Minnesota · 1990
  5. Greenspan v. Orrick, Herrington & Sutcliffe LLP (In Re Brobeck, Phleger & Harrison LLP)United States Bankruptcy Court, N.D. California · 2009

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