Legal Opinion

Gulf Oil Corp. v. Fuel Oil Supply & Terminaling, Inc.

Court of Appeals for the Fifth Circuit

Decided February 12, 1988No. 87-2365PublishedCited by 7 opinions

1Opinion of the Court

REAVLEY, Circuit Judge:

This is a preference action in which a Chapter 11 debtor, Fuel Oil Supply & Ter-*225minaling Company, seeks to recover the value of certain gasoline and money transfers it made to Gulf Oil Corporation within the ninety-day period preceding the filing of the bankruptcy petition. The district court, 72 B.R. 752, held that while the gasoline transfers and certain payments were not preferences, a portion of one payment was a preference. The court entered judgment against Gulf in the amount of $84,889.98. We hold that none of the transfers were voidable preferences and therefore…

2Cases cited7 opinions

  1. In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.Court of Appeals for the Fifth Circuit · 1988
  2. Murray Drabkin, Trustee v. A.I. Credit Corporation, (Two Cases)Court of Appeals for the D.C. Circuit · 1986
  3. A.I. Credit Corp. v. Drabkin (In Re Auto-Train Corp.)District Court, District of Columbia · 1985
  4. LaRose v. Crosby & Son Towing, Inc. (In Re Dick Henley, Inc.)United States Bankruptcy Court, M.D. Louisiana · 1984
  5. Gulf Oil Corp. v. Banque De Paris Et Des Pays-Bas (In Re Fuel Oil Supply & Terminaling, Inc.)District Court, S.D. Texas · 1987

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

3Cited by7 opinions

  1. In The Matter Of Fuel Oil Supply & Terminaling, Inc.Court of Appeals for the Fifth Circuit · 1988
  2. In Re Pameco Corp.United States Bankruptcy Court, S.D. New York · 2006
  3. In re Ramba, Inc.Court of Appeals for the Fifth Circuit · 2006
  4. Angeles Electric Co. v. Superior CourtCalifornia Court of Appeal · 1994
  5. Buchwald Capital Advisors LLC v. Metl-Span I., Ltd.United States Bankruptcy Court, S.D. New York · 2006

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

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