Bankr. No.:
98-30026
Adv. No.:
98-3020
Chapter:
7
Date of Decision:
June 2, 1999
Issue:
Whether summary judgment should be granted for Defendant on Plaintiff-Trustee's complaint for fraudulent transfer surrounding Debtor's purchase of a supper club from his father, the defendant, and a later sale of the club by Debtor?
Ruling:
The motion was denied. A genuine issue of material fact existed on when Debtor and Defendant had a binding contract from Debtor to purchase the club from Defendant.
Full Bankruptcy Court Decision: