Legal Opinion
Howard v. Bangor Hydro Electric Co. (In Re Bangor & Aroostook Railroad)
United States Bankruptcy Court, D. Maine
Decided February 25, 2005No. 19-20057PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
JAMES B. HAINES, JR., Bankruptcy Judge.
This preference recovery action is before me on a stipulated record. James E. Howard, trustee for railroad reorganization debtors Bangor & Aroostook Railroad Company (“BAR”) and Canadian American Railroad Company (“CAR”) contends that, together, BAR and CAC transferred $62,023.71 to Bangor Hydro-Electric Company on account of overdue electric utility bills in the 90 days before their bankruptcies. Acknowledging receipt, Bangor Hydro contends the funds cannot be recovered as preferences under the statutory exception for payments in…
2Cases cited19 opinions
- In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
- In Re Roblin Industries, Inc., Debtor. William E. Lawson, Trustee, in Bankruptcy of Roblin Industries, Inc. v. Ford Motor CompanyCourt of Appeals for the Second Circuit · 1996
- In Re Molded Acoustical Products, Inc., Debtor. Fiber Lite Corporation v. Molded Acoustical Products, Inc.Court of Appeals for the Third Circuit · 1994
- In Re Fred Hawes Organization, Inc., Debtor. William B. Logan, Trustee v. Basic Distribution CorporationCourt of Appeals for the Sixth Circuit · 1992
- In Re Fulghum Construction Corp., Debtor. Robert H. Waldschmidt, Trustee v. Harry H. Ranier, Algin Nolan, and Ranier & AssociatesCourt of Appeals for the Sixth Circuit · 1989
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3Cited by2 opinions
- DeGiacomo v. Raymond C. Green, Inc. (In re Inofin Inc.)United States Bankruptcy Court, D. Massachusetts · 2014
- Bogdanov v. Avnet, Inc.District Court, D. New Hampshire · 2011