1. Home
  2. Browse Decisions
  3. B.R.
  4. 95 B.R.
  5. 95 B.R. 935 (1989)
 

IN RE PRACTICAL INV. CORP.

Bankruptcy No. 84-00450-A, Adv. No. 86-0476-A.

95 B.R. 935 (1989)

In re PRACTICAL INVESTMENT CORPORATION, Debtor. PRACTICAL INVESTMENT CORPORATION, Plaintiff, v. Chandler RELLEN, and Second National Building & Loan, Inc., and Leslie Scott Auerbach, Esquire, Defendants.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

February 7, 1989.

Attorney(s) appearing for the Case

Valerie P. Morrison, Gold & Stanley, Alexandria, Va., for debtor.

John P. Hume, Mario Greszes, Jayne Marinelli, Krooth & Altman, Washington, D.C., for Leslie Scott Auerbach.

MEMORANDUM OPINION

MARTIN V.B. BOSTETTER, Jr., Chief Judge.

We deal here with the avoidability of a fraudulent conveyance between the parties Joseph R. Poole (hereinafter "Poole") and Practical Investment Corporation (hereinafter "PIC"), each of whom are in bankruptcy. The issue presented is whether PIC may retain its lien on real property that Poole conveyed to PIC in a fraudulent transfer as defined in 11 U.S.C. § 548(c).

In July of 1983,...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases