Georgia Bankruptcy Blog

Georgia Bankruptcy Blog

Category Archives: Georgia State Cases

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Ga Court of Appeals – Debtor Collaterally Estopped From Re-litigating State Fraudulent Conveyance Claim After Denial of Discharge Under §727(a)(2)

11 U.S.C. §727(a)(2); Fraudulent Conveyance; Collateral Estoppel Playnation Play Systems, Inc. v. Hammer, 277 Ga. App. 675 (February 20, 2006). Prior to filing for bankruptcy, the debtor transferred property after a state court judgment was entered against him. Debtor then filed a Chapter 7 petition and the creditor challenged his discharge pursuant to §727(a)(2) (transfer… Continue Reading

Ga Court of Appeals – Corporate Chapter 7 Debtor Becomes “Defunct” and “Ceases to Exist” Outside of Bankruptcy ??

11 U.S.C. 727; Standing Thornton v. Mankovitch, 277 Ga. App. 221 (January 12, 2006). The debtor corporation was pursuing a claim against the US Postal Service when an involuntary bankruptcy petition was filed against it. A trustee was appointed, and the attorney who previously represented the debtor and its principal in the USPS litigation was… Continue Reading

Ga Court of Appeals – Debtor Who Failed to List Property in Prior Bankruptcy Judicially Estopped From Recovering Insurance Proceeds

Judicial Estoppel Battle v. Liberty Mutual Fire Ins. Co., 276 Ga. App. 434 (November 3, 2005) The plaintiff filed suit against the insurance company seeking payment for property damage sustained in 2002. The insurance company moved for summary judgment based upon the plaintiff’s failure to list the property as an asset in his 1995 bankruptcy… Continue Reading