Exchange National Bank of Chicago v. Van Brock (In re Van Brock)
This text of 33 B.R. 546 (Exchange National Bank of Chicago v. Van Brock (In re Van Brock)) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, S.D. Florida. primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
ORDER OF DISMISSAL
This matter was tried before me on August 30. The only issue framed by the pleadings was the debtors’ intent in creating an inter vivos revocable trust on July 22, 1982. The evidence of the parties was received.
Exchange National Bank of Chicago, a creditor, seeks avoidance of an alleged fraudulent transfer under 11 U.S.C. § 548. That statutory cause of action may be asserted only by a trustee or, under § 1107(a), by a chapter 11 debtor in possession. Plaintiff is neither. Accordingly, this complaint is dismissed without prejudice to any similar action instituted by the appropriate plaintiff.
DONE and ORDERED at Miami, Florida, this 1st day of September, 1983.
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Cite This Page — Counsel Stack
33 B.R. 546, 1983 Bankr. LEXIS 5497, Counsel Stack Legal Research, https://law.counselstack.com/opinion/exchange-national-bank-of-chicago-v-van-brock-in-re-van-brock-flsb-1983.