IN RE MORRIS COMMUNICATIONS NC, INC.

Nos. 88-3060, 88-3062.

914 F.2d 458 (1990)

In re MORRIS COMMUNICATIONS NC, INC., I.D. No. 56-1335778, Debtor (Two Cases). Langdon M. COOPER, Trustee for Morris Communications NC, Inc., Plaintiff-Appellee, v. ASHLEY COMMUNICATIONS, INC., Defendant-Appellant, Horace A. Morris; C-Pact, Inc.; Elden Heinz, Jr., Defendants-Appellees, and Lynn H. Martin; William G. Martin; Ashley E. Martin; Frank M. Warlick; Nicholas A. Carrera; Carrera, Hurley & Van Horn; Erma A. Heinz, Defendants. Langdon M. COOPER, Trustee for Morris Communications NC, Inc., Plaintiff-Appellant, v. ASHLEY COMMUNICATIONS, INC., Defendant-Appellee, and Lynn H. Martin; William G. Martin; Ashley E. Martin; Horace A. Morris; Frank M. Warlick; C-Pact, Inc.; Nicholas A. Carrera; Carrera, Hurley & Van Horn; Elden Heinz, Jr.; Erma A. Heinz, Defendants.

United States Court of Appeals, Fourth Circuit.

Decided September 13, 1990.

As Amended October 25, 1990.


Attorney(s) appearing for the Case

Joseph Williamson Grier, III (argued), Grier and Grier, Charlotte, N.C. (Richard C. Belthoff, Jr., Grier and Grier, Charlotte, N.C., on the brief), for defendant-appellant.

Landgon McIlroy Cooper (argued), Mullen, Holland & Cooper, P.A., Gastonia, N.C. (Stephen R. Hunting, Parker, Poe, Thompson, Bernstein, Gage & Preston, Charlotte, N.C., on the brief), for plaintiff-appellee.

Before RUSSELL, Circuit Judge, BUTZNER, Senior Circuit Judge, and KISER, United States District Judge for the Western District of Virginia, sitting by designation.


DONALD RUSSELL, Circuit Judge:

This is a proceeding under 11 U.S.C. § 548(a)(2)(A) and (B) of the Bankruptcy Code to void a transfer of corporate stock by the debtor to the defendant Ashley Communications, Inc. Section 548(a)(2)(A) and (B) provides that any transfer of property by a debtor while insolvent at any time within one year of the filing of his bankruptcy proceeding may be voided if the debtor has not received...

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