In Re U.S.A. Inns of Eureka Springs, Arkansas, Inc., Debtor. Claude R. Jones v. United Savings and Loan Association
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LAY, Senior Circuit Judge.
The trustee of the bankruptcy estate of the U.S.A. Inns of Eureka Springs, Arkansas, Inc. (the “U.S.A. Trustee”) appeals the judgment of the district court holding that certain preferential payments made by the debtor to United Savings and Loan Association (“United”) in the ninety days preceding the debt- or’s bankruptcy filing were excepted from the trustee’s avoidance power under the “ordinary course of business” exception of 11 U.S.C. § 547(c)(2).
Prior to bankruptcy, U.S.A. Inns of Eureka Springs, Arkansas (“U.S.A. Inns”) assumed liability under an existing…
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- Wjm, Inc., Etc. v. Massachusetts Department of Public WelfareCourt of Appeals for the First Circuit · 1988
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