Legal Opinion
Brent Explorations, Inc. v. Karst Enterprises, Inc. (In Re Brent Explorations, Inc.)
United States Bankruptcy Court, D. Colorado
Decided June 16, 1983No. 14-22013PublishedCited by 39 opinions
1Opinion of the Court
ORDER
PATRICIA A. CLARK, Bankruptcy Judge..Brent Explorations, Inc., (Brent) the debtor-in-possession, brought suit to avoid a lien in favor of Karst Enterprises, Inc., (Karst) under the “strong arm clause” of 11 U.S.C. § 544(a) and to recover certain payments to Karst as preferential under 11 U.S.C. § 547.
Brent is in the business of exploring for and drilling oil and gas wells. Karst was one of its suppliers of pipe. By December, 1981, Brent had accumulated a debt to Karst in the approximate amount of $471,-500. Because of its inability to obtain payment of its obligation, Karst in December…
2Cases cited18 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Stein v. United Artists Corp.Court of Appeals for the Ninth Circuit · 1982
- In the Matter of Pacific Far East Line, Inc., Debtor. Joseph M. Alioto v. Official Creditor CommitteeCourt of Appeals for the Ninth Circuit · 1981
- Hassett v. Ganz (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- In Re MoskowitzUnited States Bankruptcy Court, S.D. New York · 1981
13 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- In Re Howard's Appliance Corp., Debtor. Sanyo Electric, Inc. v. Howard's Appliance Corp.Court of Appeals for the Second Circuit · 1989
- Williams v. Marlar (In Re Marlar)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2000
- Lyon v. Eiseman (In Re Forbes)Bankruptcy Appellate Panel of the Sixth Circuit · 2007
- Stalnaker v. DLC, Ltd. (In Re DLC, Ltd.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2003
- Coco v. Eli Haddad Corp. (In Re Coco)United States Bankruptcy Court, S.D. New York · 1986
34 more not listed; retrieve them via the Exa API.