FERRO, INC., AND BOLLING R. POWELL, JR., APPELLANTS
v.
JOHN THOMPSON BEACON WINDOWS, LTD., APPELLEE
FERRO, INC., AND BOLLING R. POWELL, JR., APPELLANTS
JOHN THOMPSON BEACON WINDOWS, LTD., APPELLEE
278 F.2d 280
United States Court of Appeals for the District of Columbia (1960)
Cited by 2 cases
Opinion of the Court
PER CURIAM.
a n x x, t -ix Appellant Ferro, Inc., an insolvent eorporation, paid its debt to appellant Powell, its sole stockholder and managing director. The District Court found that. this Pansier of the corporation’s funds. was made with intent “to hinder or delay” appellee, a creditor. The finding . , . , . , ,, is not clearly erroneous and supports the court’s conclusion that the transfer was vo^ as a&ainst aPPe^ee under D.C.Code, § 12-401.
Affirmed,
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Cited By
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Worthy v. United States, 328 F.2d 386 (5th Cir. 1964)
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Travis v. United States, 353 F.2d 506 (9th Cir. 1965)