Legal Opinion

HomePlace of America, Inc. v. Salton, Inc. (In re Waccamaw's HomePlace)

United States Bankruptcy Court, D. Delaware

Decided May 31, 2005No. Bankruptcy No. 010181PJW; Adversary No. 0207101PJWPublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM OPINION

PETER J. WALSH, Bankruptcy Judge.

This is the Court’s ruling following a three-day trial on HomePlace of America, Inc.’s (“HomePlace”) Code § 547 complaint against Saltón, Inc. (“Saltón”) to recover $3,522,561.09 of transfers made during the preference period. For the reasons set forth below, the Court finds in part for HomePlace and in part for Saltón.

BACKGROUND

HomePlace and related entities operated super-stores for the home decor, housewares and furnishings marketplace offering a variety of brand name merchandise in a warehouse atmosphere.

In June 1999, HomePlace Holdings…

2Cases cited14 opinions

  1. In Re Molded Acoustical Products, Inc., Debtor. Fiber Lite Corporation v. Molded Acoustical Products, Inc.Court of Appeals for the Third Circuit · 1994
  2. United States Trustee v. First Jersey Securities, Inc.Court of Appeals for the Third Circuit · 1999
  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. DeRosa v. Buildex Inc. (In Re F & S Central Manufacturing Corp.)United States Bankruptcy Court, E.D. New York · 1985
  5. Fed. Sec. L. Rep. P 96,130 Pittsburgh Coke & Chemical Company v. Louis J. BolloCourt of Appeals for the Second Circuit · 1977

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3Cited by3 opinions

  1. American Classic Voyages Co. v. JP Morgan Chase Bank (In Re American Classic Voyages Co.)United States Bankruptcy Court, D. Delaware · 2007
  2. Ravin v. Morris Truman, L.L.C. (In Re Popular Club Plan, Inc.)United States Bankruptcy Court, D. New Jersey · 2008
  3. In Re Waccamaw's HomePlaceUnited States Bankruptcy Court, D. Delaware · 2005

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