Calhoun V. Baylor
By Sixth Circuit. United States Court Of Appeals
- Release Date - Published: 1981-04-08
- Book Genre: Law
- Author: Sixth Circuit. United States Court Of Appeals
Calhoun V. Baylor Sixth Circuit. United States Court Of Appeals read online review & book description:
Defendants, Johnny Baylor and KoKo Records, Inc., appeal a jury verdict that would require them to return.$2.5 million received as royalties and promotional fees from Stax Records, Inc., a company now bankrupt. The bankrupt's trustee brought suit under section 70(e) of the Bankruptcy Act, now 11 U.S.C. § 544(b), claiming that under the Tennessee law incorporated by the federal statute, the.$2.5 million constituted a fraudulent conveyance recoverable by the trustee. Defendants claim the evidence is insufficient to support a finding of fraud and make other claims of error in evidentiary rulings and instructions. We affirm.
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