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IN RE FAMOUS STATE FAIR MEAT PRODUCTS, INC.

Bankruptcy No. 79-02084K, Adv. No. 81-0380K.

19 B.R. 48 (1982)

In re FAMOUS STATE FAIR MEAT PRODUCTS, INC., Debtor. James J. O'CONNELL, Esquire, Trustee, Plaintiff, v. Richard J. HOBAN, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

April 13, 1982.

Attorney(s) appearing for the Case

James J. O'Connell, Philadelphia, Pa., for trustee/plaintiff.

Nathan Lavine, Philadelphia, Pa., for trustee.

Arthur Morrison, New York City, for defendant.

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

This case reaches the Court on an action by the trustee to recover an alleged fraudulent conveyance. The trustee seeks to recover payments made by the president and controlling shareholder of the debtor to various parties. It is alleged that these payments were made while the corporation was insolvent and that the corporate debtor did not receive fair consideration. The Court will find for the trustee and enter...

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