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Gulf City Seafoods, Inc. v. Ludwig Shrimp Co. (In Re Gulf City Seafoods, Inc.)

Court of Appeals for the Fifth Circuit

Decided July 11, 2002No. 01-60265PublishedCited by 54 opinions

1Opinion of the Court

E. GRADY JOLLY, Circuit Judge:

This bankruptcy case deals with the interpretation and application of the. “ordinary course of business” defense for a preferential transfer of funds. During the preference period, the debtor, Gulf City Seafoods (“Gulf City”), made numerous payments to one of its suppliers, Ludwig Shrimp Company (“Ludwig”). The bankruptcy court found that Gulf City had made most of these payments in the ordinary course of business and therefore refused to avoid those payments. The district court agreed and affirmed the judgment of the bankruptcy court. Gulf City now appeals.

Gulf…

2Cases cited12 opinions

  1. In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
  2. In Re Roblin Industries, Inc., Debtor. William E. Lawson, Trustee, in Bankruptcy of Roblin Industries, Inc. v. Ford Motor CompanyCourt of Appeals for the Second Circuit · 1996
  3. In Re Molded Acoustical Products, Inc., Debtor. Fiber Lite Corporation v. Molded Acoustical Products, Inc.Court of Appeals for the Third Circuit · 1994
  4. In Re Fred Hawes Organization, Inc., Debtor. William B. Logan, Trustee v. Basic Distribution CorporationCourt of Appeals for the Sixth Circuit · 1992
  5. In Re U.S.A. Inns of Eureka Springs, Arkansas, Inc., Debtor. Claude R. Jones v. United Savings and Loan AssociationCourt of Appeals for the Eighth Circuit · 1993

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3Cited by54 opinions

  1. Barrett Dodge Chrysler Plymouth, Inc. v. CranshawCourt of Appeals for the Eleventh Circuit · 2004
  2. Templeton v. O'Cheskey (In Re American Housing Foundation)Court of Appeals for the Fifth Circuit · 2015
  3. G.H. Leidenheimer Baking Co. v. SharpCourt of Appeals for the Fifth Circuit · 2006
  4. Chapman v. Bituminous Insurance (In Re Coho Resources, Inc.)Court of Appeals for the Fifth Circuit · 2003
  5. Faulkner v. Kornman (In Re Heritage Organization, L.L.C.)United States Bankruptcy Court, N.D. Texas · 2009

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