Ronald L. Walutes, Trustee in Bankruptcy for Alexandria Prestressed, Inc., Bankrupt v. Thorington Construction Company, Inc.
This text of 423 F.2d 1214 (Ronald L. Walutes, Trustee in Bankruptcy for Alexandria Prestressed, Inc., Bankrupt v. Thorington Construction Company, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The findings of fact of the Referee, concurred in by the District Judge, make it clear that the challenged payments were for a fair consideration and were not made with an intent to hinder or delay other creditors. We accept those findings, as we must, for they are adequately supported by the record, and, with them, the conclusion that the payments were not preferential or recoverable by the Trustee in Bankruptcy.
Affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Cite This Page — Counsel Stack
423 F.2d 1214, 1970 U.S. App. LEXIS 9869, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ronald-l-walutes-trustee-in-bankruptcy-for-alexandria-prestressed-inc-ca4-1970.