Legal Opinion

Pay 'N Pak Stores, Inc. v. Slide-Co. (In Re PNP Holdings Corp.)

United States Bankruptcy Court, W.D. Washington

Decided May 13, 1994No. 09-22078PublishedCited by 11 opinions

1Opinion of the Court

OPINION

THOMAS T. GLOVER, Bankruptcy Judge.

I. Introduction.

These two cases come before the court on motions for summary judgment. At issue is the interpretation and application of 11 U.S.C. § 547(c)(4), which defines the circumstances in which a creditor may assert the “new value” defense in a preference action. The first case, Pay ’N Pak Stores, Inc. v. Slide-Co., addresses the issue, as framed by the defendant and the numerous cases on which it relies, of whether or not new value “must remain unpaid.” The second case, Pay ’N Pak Stores, Inc. v. Presto Products Company, addresses more…

2Cases cited13 opinions

  1. In re PrescottCourt of Appeals for the Seventh Circuit · 1986
  2. Thomas W. Garland, Inc. v. Union Electric Co. (In Re Thomas W. Garland, Inc.)United States Bankruptcy Court, E.D. Missouri · 1982
  3. In Re New York City Shoes, Inc., Debtor. New York City Shoes, Inc. v. Bentley International, Inc.Court of Appeals for the Third Circuit · 1989
  4. Laker v. Vallette (In Re Toyota of Jefferson, Inc.)Court of Appeals for the Fifth Circuit · 1994
  5. Pettigrew v. Trust Co. Bank (In Re Bishop)United States Bankruptcy Court, N.D. Georgia · 1982

8 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Mosier v. Ever-Fresh Food Co. (In re IRFM, Inc.)Court of Appeals for the Ninth Circuit · 1995
  2. Roberds, Inc. v. Broyhill Furniture (In Re Roberds, Inc.)United States Bankruptcy Court, S.D. Ohio · 2004
  3. Fitzpatrick v. Rockwood Water, Wastewater & Natural Gas Systems (In Re Tennessee Valley Steel Corp.)United States Bankruptcy Court, E.D. Tennessee · 1996
  4. Phoenix Restaurant Group, Inc. v. Ajilon Professional Staffing LLC (In Re Phoenix Restaurant Group, Inc.)United States Bankruptcy Court, M.D. Tennessee · 2004
  5. Fitzpatrick v. Central Communications & Electronics, Inc. (In Re Tennessee Valley Steel Corp.)United States Bankruptcy Court, E.D. Tennessee · 1996

6 more not listed; retrieve them via the Exa API.

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