Legal Opinion
Pereira v. Hong Kong & Shanghai Banking Corp. (In Re Kam Kuo Seafood Corp.)
United States Bankruptcy Court, S.D. New York
Decided July 17, 1987No. 19-10522PublishedCited by 9 opinions
1Opinion of the Court
DECISION AND ORDER
HOWARD C. BUSCHMAN III, Bankruptcy Judge.
The Hong Kong & Shanghai Banking Corporation (the “Defendant” or the “bank”) by summary judgment motion, seeks an order granting summary judg ment and dismissing the complaint filed by the trustee (the “Trustee”) of Kam Kuo Seafood Corporation (the “Debtor”) alleging a $150,000 preferential payment made by the Debtor to the Defendant. The Defendant contends that it is a secured creditor of Debtor and hence the $150,000 transfer did not constitute a preference under Section 547 of the Bankruptcy Code. 11 U.S.C. Section 547 (1984) (“the…
2Cases cited17 opinions
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- Hartford Accident & Indemnity Co. v. WesolowskiNew York Court of Appeals · 1973
- Hassett v. Revlon, Inc. (In Re O. P. M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- Gans v. Ætna Life Insurance Co. of HartfordNew York Court of Appeals · 1915
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3Cited by9 opinions
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- In Re Koreag, Controle Et Revision S.A.United States Bankruptcy Court, S.D. New York · 1991
- Chemical Bank v. United States Lines (S.A.), Inc. (In Re McLean Industries, Inc.)United States Bankruptcy Court, S.D. New York · 1991
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