Covey v. Hackett (In re Roadrunner Delivery Inc.)

Ruling: 
Prepetition claim discharged in shareholder's bankruptcy could not be subject of avoidance proceeding in bankruptcy of the corporation.
Procedural posture: 
Plaintiff chapter 7 trustee filed an adversary proceeding against defendant, a corporate debtor's sole shareholder, claiming that $6,753.95 in payments the debtor made to the shareholder were fraudulent and should be avoided under 11 U.S.C. § 548(a)(1)(B). The shareholder filed a motion to dismiss the trustee's complaint.
Issue: 
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Commercial case opionion summary, case decided on December 19,2007, LexisNexis #0108-076