Gennet v. Fason (In Re PC Systems, Inc.)
United States Bankruptcy Court, S.D. Florida.
1Opinion of the Court
MEMORANDUM OPINION
ROBERT A. MARK, Bankruptcy Judge.
The Trustee of PC Systems, Inc. (“PC Systems” or “Debtor”) filed a complaint to avoid preferential transfer pursuant to 11 U.S.C. § 547 against Stewart E. Fason (“Fa-son” or “Creditor”) on August 3, 1993. The Complaint is based upon a voluntary foreclosure on all of the assets of PC Systems by Fason on or about June 30, 1991. At the time of the foreclosure, defendant Fason held a security interest in the assets to secure a promissory note. The sole issue in this adversary is whether Fason’s security interest in assets located in Kentucky and…
2Cases cited9 opinions
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- The Procter & Gamble Independent Union of Port Ivory, N.Y. v. The Procter & Gamble Manufacturing CompanyCourt of Appeals for the Second Circuit · 1962
- Abrams v. Occidental Petroleum Corp.Court of Appeals for the Second Circuit · 1971
- In Re Halmar Distributors, Inc., Debtors. General Electric Company v. Halmar Distributors, Inc.Court of Appeals for the First Circuit · 1992
- Matter of Kids Stop of America, Inc.United States Bankruptcy Court, M.D. Florida · 1986
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3Cited by3 opinions
- Jeff-Mark Partnership v. Friedman (In Re Friedman)United States Bankruptcy Court, S.D. Florida. · 2000
- Gennet v. FasonDistrict Court, S.D. Florida · 1995
- Isaacs v. DBI-ASG Coinvestor Fund III, LLCUnited States Bankruptcy Court, W.D. Kentucky · 2019