Legal Opinion
Buckley v. Carrier Corp. (In Re Globe Holdings, Inc.)
United States Bankruptcy Court, N.D. Alabama
Decided March 28, 2007No. 15-82149PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
C. MICHAEL STILSON, Bankruptcy Judge.
This matter was before the court on the complaint of Dennis J. Buckley, litigation trustee for Globe Holdings, Inc.; and Globe Manufacturing Corp., seeking to avoid allegedly preferential payments to defendant Carrier Corporation. The court, having reviewed the facts in the context of applicable law, finds that the trustee established that the payments were preferential pursuant to 11 U.S.C. § 547(b); and that Carrier failed to prove they were sheltered by the “ordinary course” defense of 11 U.S.C. § 547(c)(2). Judgment must be…
2Cases cited28 opinions
- Union Bank v. WolasSupreme Court of the United States · 1991
- In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
- In Re Craig Oil Company, Debtor. Marathon Oil Company v. William M. Flatau, TrusteeCourt of Appeals for the Eleventh Circuit · 1986
- Ng Bros. Construction, Inc. v. CranneyMassachusetts Supreme Judicial Court · 2002
- In Re Molded Acoustical Products, Inc., Debtor. Fiber Lite Corporation v. Molded Acoustical Products, Inc.Court of Appeals for the Third Circuit · 1994
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3Cited by5 opinions
- In Re Globe Manufacturing Corp.Court of Appeals for the Eleventh Circuit · 2009
- Goodman v. Triple "C" Marine Salvage, Inc. (In re Gulf Fleet Holdings, Inc.)United States Bankruptcy Court, W.D. Louisiana · 2013
- Carrier Corp. v. BuckleyCourt of Appeals for the Eleventh Circuit · 2009
- Schnittjer v. Pippert (Carney)United States Bankruptcy Court, N.D. Iowa · 2008
- In Re CarneyUnited States Bankruptcy Court, N.D. Iowa · 2008