Legal Opinion

Paramount Plastics, Inc. v. Polymerland, Inc. (In Re Paramount Plastics, Inc.)

United States Bankruptcy Court, W.D. Washington

Decided September 9, 1994No. 19-40406PublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM OPINION

SAMUEL J. STEINER, Chief Judge.

FACTS AND BACKGROUND

This matter is before the Court on the defendant’s motion for summary judgment of dismissal of the plaintiffs preference action. The primary issue, one of first impression in this District, is whether the debtor may pursue preference claims posteonfirmation, where the plan contains no reservation of rights or retention of jurisdiction to prosecute such actions.

The debtor filed this Chapter 11 case on May 18, 1993. On its Statement of Affairs, the debtor listed payments to the defendant and a number of other creditors within…

2Cases cited10 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Harstad v. First American Bank (In Re Harstad)United States Bankruptcy Court, D. Minnesota · 1993
  3. J.E. Jennings, Inc. v. William Carter Co. (In Re J.E. Jennings, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1985
  4. Neptune World Wide Moving, Inc. v. Schneider Moving & Storage Co. (In Re Neptune World Wide Moving, Inc.)United States Bankruptcy Court, S.D. New York · 1990
  5. Winston & Strawn v. Kelly (In Re Churchfield Management & Investment Corp.)United States Bankruptcy Court, N.D. Illinois · 1990

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3Cited by15 opinions

  1. Dynasty Oil & Gas, LLC v. Citizens BankCourt of Appeals for the Fifth Circuit · 2008
  2. Kmart Corp. v. Intercraft Co. (In Re Kmart Corp.)United States Bankruptcy Court, N.D. Illinois · 2004
  3. Floyd v. CIBC World Markets, Inc.District Court, S.D. Texas · 2009
  4. Spicer v. Laguna Madre Oil & Gas II, LLC (In Re Texas Wyoming Drilling, Inc.)United States Bankruptcy Court, N.D. Texas · 2010
  5. Goodman Bros. Steel Drum Co. v. Liberty Mutual Insurance (In Re Goodman Bros. Steel Drum Co.)United States Bankruptcy Court, E.D. New York · 2000

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