Stanley v. Miss. State Pilots of Gulfport, Inc., et al.

Docket Number:	2004-CA-01145-SCT Linked Case(s): 2004-CA-01145-SCT ; 2004-CA-01145-SCT

Supreme Court:	Opinion Link Opinion Date: 12-07-2006 Opinion Author: Diaz, J. Holding: Reversed and Remanded

Additional Case Information:	Judge(s) Concurring: Waller, P.J., Easley, Carlson, Graves and Randolph, JJ. Non Participating Judge(s): Smith, C.J. Dissenting Author : Dickinson, J., Dissents Without Separate Written Opinion Concur in Part, Dissent in Part 1: Cobb, P.J., Concurs in Part and Dissents in Part Without Separate Written Opinion Procedural History: Bench Trial Nature of the Case: CIVIL - OTHER

Trial Court:	Date of Trial Judgment: 05-07-2004 Appealed from: Harrison County Chancery Court Judge: Carter Bise Disposition: The chancellor found that the directors had fraudulently conveyed the Gulfport Pilot II and one week’s worth of accounts receivable to the new corporation. While noting that Defendants’ actions were “distasteful and perhaps even morally wrong,” the chancellor did not find that the fraudulent conveyance pertained to any other assets of the new corporation. As a result, the chancellor found that the trustee could only recover $10,064.50 from Mississippi State Pilots of Gulfport. Case Number: 97-01861-4

	Party Name:	Attorney Name:
Appellant:	H.S. Stanley, Jr., Chapter 7 Trustee for the Bankruptcy Estate of Gulfport Pilots Association, Inc., as substituted for Michael Kopszywa	GEORGE W. BYRNE, JR., RANDALL SCOTT WELLS

Appellee:	Mississippi State Pilots of Gulfport, Inc., Murrell W. Hinton, Jr., Stanley Fournier, Jr. and Thomas Gibson	NICHOLAS VAN WISER

Mississippi College School of Law