Ferro, Inc., and Bolling R. Powell, Jr. v. John Thompson Beacon Windows, Ltd.

D.C. Circuit

Ferro, Inc., and Bolling R. Powell, Jr. v. John Thompson Beacon Windows, Ltd.

278 F.2d 280

CourtCourt of Appeals for the D.C. Circuit

DecidedJune 13, 1960

Docket15533_1

StatusPublished

This text of 278 F.2d 280 (Ferro, Inc., and Bolling R. Powell, Jr. v. John Thompson Beacon Windows, Ltd.) is published on Counsel Stack Legal Research, covering Court of Appeals for the D.C. Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Ferro, Inc., and Bolling R. Powell, Jr. v. John Thompson Beacon Windows, Ltd., 278 F.2d 280 (D.C. Cir. 1960).

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Opinion

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,

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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,

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278 F.2d 280, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ferro-inc-and-bolling-r-powell-jr-v-john-thompson-beacon-windows-cadc-1960.

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