Legal Opinion
Production Steel, Inc. v. Sumitomo Corp. of America (In Re Production Steel, Inc.)
United States Bankruptcy Court, M.D. Tennessee
Decided October 23, 1985No. Bankruptcy No. 382-01255, Adv. No. 384-0151PublishedCited by 34 opinions
1Opinion of the Court
MEMORANDUM
KEITH M. LUNDIN, Bankruptcy Judge.
The debtor-in-possession seeks to recover a preference in the sum of $95,754.65 from Sumitomo Corporation of America. The parties have filed cross-motions for partial summary judgment on the question whether the § 547(c)(2) defense is available to Sumitomo. Production Steel is entitled to summary judgment, dismissing Sumitomo’s defense.
The following constitute findings of fact and conclusions of law. Bankruptcy Rule 7052. This is a core proceeding. 28 U.S.C. § 157(b)(2)(F).
FACTS
The facts are as follows:
July 1, 1981: Production Steel submitted to…
2Cases cited15 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Dows v. National Exchange Bank of MilwaukeeSupreme Court of the United States · 1875
- In the Matter of Emerald Oil Co., Debtor. William C. Sandoz, Trustee, Cross-Appellant v. Fred Wilson Drilling Company, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1983
- In Re Iowa Premium Service Co., Inc., Debtor. Iowa Premium Service Co., Inc. v. First National Bank in St. Louis, St. Louis, MissouriCourt of Appeals for the First Circuit · 1982
- Grogan v. Chesebrough-Ponds, Inc. (In Re Advance Glove Manufacturing Co.)United States Bankruptcy Court, E.D. Michigan · 1982
10 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- In Re Fred Hawes Organization, Inc., Debtor. William B. Logan, Trustee v. Basic Distribution CorporationCourt of Appeals for the Sixth Circuit · 1992
- In Re Magic Circle Energy Corp.United States Bankruptcy Court, W.D. Oklahoma · 1986
- Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)United States Bankruptcy Court, M.D. Florida · 2000
- In the Matter of Excello Press, Incorporated, Debtor. Appeal of Daniel A. Zazove, Attorney for DebtorCourt of Appeals for the Seventh Circuit · 1992
- Bell Flavors & Fragrances, Inc. v. Andrew (In Re Loretto Winery, Ltd.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1989
29 more not listed; retrieve them via the Exa API.