Legal Opinion
Southmark Corp. v. Schulte, Roth & Zabel (In Re Southmark Corp.)
United States Bankruptcy Court, N.D. Texas
Decided August 13, 1997No. 15-10024PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
STEVEN A. FELSENTHAL, Bankruptcy Judge.
Southmark Corporation has brought this action under 11 U.S.C. §§ 547 and 550 to recover $1,000,000 plus interest from Schulte, Roth & Zabel. Southmark reimbursed Schulte, Roth’s clients, generally referred to as the Parks Group in this litigation, $3,300,-000 for their costs and expenses, including legal fees, incurred in conducting a proxy contest and related litigation. Southmark contends that the Parks Group transferred $1,000,000 of the $3,300,000 to Schulte, Roth.
Based on the law of this case, Southmark Corp. v. Schulte,…
2Cases cited11 opinions
- Barnhill v. JohnsonSupreme Court of the United States · 1992
- In the Matter of Southmark Corporation, Debtor. Southmark Corporation v. Schulte Roth & ZabelCourt of Appeals for the Fifth Circuit · 1996
- Cullen Center Bank & Trust v. Hensley (In Re Criswell)Court of Appeals for the Fifth Circuit · 1997
- Gibbs v. Hawaiian Eugenia Corp.Court of Appeals for the Second Circuit · 1992
- Cauff, Lippman & Co. v. Apogee Finance Group, Inc.District Court, S.D. New York · 1992
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3Cited by3 opinions
- Development Specialists, Inc. v. Hamilton Bank, N.A. (In Re Model Imperial, Inc.)United States Bankruptcy Court, S.D. Florida. · 2000
- Faulkner v. Kornman (In Re Heritage Organization, L.L.C.)United States Bankruptcy Court, N.D. Texas · 2009
- Official Committee of Unsecured Creditors of Crystal Medical Products, Inc. v. Houpt (In Re Crystal Medical Products, Inc.)United States Bankruptcy Court, N.D. Illinois · 1999