IN RE XYZ OPTIONS, INC.

Nos. 96-6845, 96-6846.

154 F.3d 1262 (1998)

In Re: XYZ OPTIONS, INC., Debtor. Donald DIONNE, as Trustee of the Estate of XYZ Options, Inc., Plaintiff-Appellant, v. W. Leo KEATING, Defendant-Appellee. In Re: XYZ OPTIONS, INC., Debtor. Donald DIONNE, as Trustee of the Estate of XYZ Options, Inc., Plaintiff-Appellant, v. Scott M. SPANGLER, Jean G. Spangler, The Scott M. Spangler Charitable Trust, Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

September 15, 1998.


Attorney(s) appearing for the Case

Jerry W. Schoel, Richard F. Ogle, Douglas J. Centeno, Schoel, Ogle, Benton & Centeno, Birmingham, AL, for Plaintiff-Appellant.

Thomas L. Hunt, Houston, TX, Patrick J. Keating, Buckingham, Doolittle & Burroughs, LPA, Akron, OH, Joe C. Holzer, Butler & Binion, L.L.P., Houston, TX, John P. Whittinton, Bradley, Arant, Rose & White, Birmingham, AL, for W. Leo Keating.

Murray Lane, Northport, AL, for Muscarella and XYZ Trading, Inc.

Patrick Darby, Bradley, Arant, Rose & White, Birmingham, AL, for Defendants-Appellees in 96-6846.

Before ANDERSON and BLACK, Circuit Judges, and MOORE, Senior District Judge.


ANDERSON, Circuit Judge:

We must determine in this appeal whether a bankruptcy court can look behind a prior consent judgment and whether there are genuine issues of material fact with respect to actual or constructive fraud against creditors. Plaintiff-Appellant Donald Dionne ("Trustee") is the trustee for the bankruptcy estate of XYZ Options, Inc. ("XYZ"). The Trustee sued Defendants-Appellees, Scott M. Spangler, Jean G. Spangler, and the Scott M. Spangler Charitable...

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