Legal Opinion

Bankr. L. Rep. P 71,434 Coral Petroleum, Inc. v. Banque Paribas-London

Court of Appeals for the Fifth Circuit

Decided September 22, 1986No. 85-2718PublishedCited by 168 opinions

1Opinion of the Court

GARWOOD, Circuit Judge:

The district court, on motion for summary judgment by defendants-appellees Ban-que Paribas-London (Paribas-London) and Banque Paribas (Suisse) S.A. (Paribas-Suisse), formerly Banque de Paris et des Pays-Bas (Suisse) S.A., dismissed with prejudice the voidable preference claim under the Bankruptcy Code, 11 U.S.C. § 547, of the Creditors’ Committee (the Committee) of Coral Petroleum, Inc. (Coral), a debtor now in chapter 11. The district court held that the $35,000,000 pledged by Leeward Petroleum Company, Ltd. (Leeward), a solvent, indirect, offshore subsidiary of Coral,…

2Cases cited11 opinions

  1. Impossible Electronics Techniques, Inc. v. Wackenhut Protective Systems, Inc.Court of Appeals for the Fifth Circuit · 1982
  2. Robert J. BROWN, Trustee, Appellant, v. FIRST NATIONAL BANK OF LITTLE ROCK, ARKANSAS, Appellee. Ark-La Materials, Inc., DebtorCourt of Appeals for the First Circuit · 1984
  3. Howard W. Joplin v. Grover Franklin Bias and D. CarringtonCourt of Appeals for the Fifth Circuit · 1980
  4. Roy Griffin Davis v. Liberty Mutual Insurance Company, a Massachusetts Corporation, DefendantCourt of Appeals for the Fifth Circuit · 1976
  5. Smyth v. KaufmanCourt of Appeals for the Second Circuit · 1940

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3Cited by168 opinions

  1. Richard L. Conkling v. Bert S. TurnerCourt of Appeals for the Fifth Circuit · 1994
  2. Van Lee Brewer, Van Lee Brewer and Claude Harris v. B. WilkinsonCourt of Appeals for the Fifth Circuit · 1993
  3. In Re Bullion Reserve of North America, a California Corporation, Curtis B. Danning, Chapter 7 Trustee v. Theodore P. BozekCourt of Appeals for the Ninth Circuit · 1988
  4. Louisiana World Exposition v. Federal Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
  5. In Re EgidiCourt of Appeals for the Eleventh Circuit · 2009

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