Naert v. Daff (In Re Washington Trust Deed Service Corp.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
AMENDED OPINION
BRANDT, Bankruptcy Judge.
OVERVIEW
The defendant in a fraudulent conveyance action entered into a settlement with the trustee. Before court approval of the settlement, the trustee determined that the settlement was not in the best interests of the estate and withdrew his support. The bankruptcy court granted the trustee’s motion to dismiss the removed state court fraud action for failure to state a claim. The defendant appeals; we AFFIRM.
FACTUAL BACKGROUND
In November of 1993, David Naert, a Missouri investor experienced in speculative investments, paid Washington Trust Deed…
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- In Re Cochise College Park, Inc.Court of Appeals for the Ninth Circuit · 1983
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