Charisma Investment Co., N.V. v. Airport Systems, Inc. (In re Jet Florida System, Inc.)
Court of Appeals for the Eleventh Circuit
1Per curiam
Appellant Charisma Investment Company, N.V. (Charisma) received $11,761.33 from appellee Air Florida, Inc. (Air Florida) within the preference period set forth in section 547(b) of the Bankruptcy Code. 11 U.S.C. § 547(b). The district court concluded that the bankruptcy court’s findings of fact were not clearly erroneous and that “new value” had not been extended by Charisma such that the “subsequent advance” exception, 11 U.S.C. § 547(c)(4), should exempt Air Florida’s payments made during the preference period, 68 B.R. 596. We affirm.
Charisma asserts that the district court improperly…
2Cases cited12 opinions
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