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· 11/19/2008

CLC Creditors' Grantor Trust v. Howard Savings Bank (In Re Commercial Loan Corp.)

Citations

  • 396 B.R. 730
  • 2008 Bankr. LEXIS 3483
  • 2008 WL 4926059

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • explaining any legal connotation of an expert’s statement in an affidavit that entities acted as conduits would be disregarded
  • \stock was 'value' because it constituted consideration sufficient to support a simple contract\
  • expert’s use of the term “conduit” did not render his opinion a legal conclusion since the word has a common, nonlegal meaning in addition to a technical, non-legal one
  • dividends are payments for which a company does not receive reasonably equivalent value
  • dividends are payments for which a company does not receive reasonably equivalent value

Source: CourtListener parenthetical corpus (CC0).

Judges: A. Benjamin Goldgar

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.