James MOODY, Trustee of the Estate of Jeannette Corporation and the Committee of Unsecured Creditors of Jeannette Corporation
v.
SECURITY PACIFIC BUSINESS CREDIT, INC., the Coca-Cola Bottling Company of New York, Inc., KNY Development Corp., J. Corp., John P. Brogan, John J. Brogan, Hanley Dawson, III, James A. McLean, James R. Winoker, Robert M. Janowiak, Alan MacLachlan, Interdyne, Inc., Muench-Kreuzer Candle Company
v.
Frank W. STOREY, Calvin MacCraken, Individuals,
James Moody, Trustee of the Estate of Jeannette Corporation, Appellant.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Argued February 25, 1992.
Decided August 7, 1992.
Attorney(s) appearing for the Case
Robert J. Cindrich (argued), David B. Mulvihill, Cindrich & Titus, Douglas A. Campbell, Campbell & Levine, Pittsburgh, Pa., for appellant.
William F. Lloyd (argued), Michael J. Sweeney, Sidley & Austin, Chicago, Ill., James D. Morton, Buchanan Ingersoll Professional Corp., Pittsburgh, Pa., for appellee Security Pacific Business Credit, Inc.
George E. McGrann (argued), David J. Armstrong, Dickie, McCamey & Chilcote, Pittsburgh, Pa., Philip M. Halpern, Collier, Cohen, Shields & Bock, New York City, for appellees The Coca-Cola Bottling Co. of New York, Inc. and KNY Development Corp.
Robert B. Sommer (argued), H. Woodruff Turner, Terry Budd, Kirkpatrick & Lockhart, Pittsburgh, Pa., for appellees J. Corp., John P. Brogan, John J. Brogan, Hanley Dawson, III, James A. McLean, James R. Winoker, and Muench-Kreuzer Candle Co.
Before: SLOVITER, Chief Judge, and SCIRICA and NYGAARD, Circuit Judges.
United States Court of Appeals, Third Circuit.
OPINION OF THE COURT
SCIRICA, Circuit Judge.
This bankruptcy case requires us to address, once again, the application of the fraudulent conveyance laws to a failed leveraged buyout. In United States v. Tabor Court Realty Corp.,803 F.2d 1288, 1297 (3d Cir.1986), cert. denied sub nom. McClellan Realty Corp. v. United States, 483 U.S. 1005, 107 S.Ct. 3229, 97 L.Ed.2d 735 (1987), we established that the Pennsylvania...
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