Philadelphia Light Supply Co. v. B.R.K. Electronics (In Re Philadelphia Light Supply Co.)
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
EMIL F. GOLDHABER, Bankruptcy Judge:
The issue before us is whether a wire transfer of $33,338.72 by the debtor to the defendant is avoidable by the debtor pursuant to section 547(b) of the Bankruptcy Code (“the Code”). Since the elements necessary to establish a defense to the debtor’s avoidance powers under section 547(c)(4) of the Code are present herein, we conclude that the transfer at issue cannot be avoided by the debtor pursuant to section 547(b) of the Code. The facts of the instant case are as follows: 1 In early 1982, Philadelphia Light Supply Company (“the debtor”), a…
2Cases cited9 opinions
- Gold Coast Seed Co. v. Spokane Seed Co. (In Re Gold Coast Seed Co.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
- American National Bank and Trust Company of Chicago, Illinois v. Joseph M. Bone, Jr., Trustee in Bankruptcy of John D. Schindler, BankruptCourt of Appeals for the Eighth Circuit · 1964
- Exchange Bank of Polk County v. Christian (In Re Christian)United States Bankruptcy Court, M.D. Florida · 1981
- Leonard Mizell v. H. A. Phillips, as Trustee of the Estate of J. Sam Muckleroy, BankruptCourt of Appeals for the Fifth Circuit · 1957
- Gropper v. Samuel Kunstler Textiles, Inc. (In Re Fabric Buys of Jericho, Inc.)United States Bankruptcy Court, S.D. New York · 1982
4 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- 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
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- Tidwell v. Atlanta Gas Light Co. (In Re Georgia Steel, Inc.)United States Bankruptcy Court, M.D. Georgia · 1984
- Chaitman v. Paisano Automotive Liquids, Inc. (In Re Almarc Manufacturing, Inc.)United States Bankruptcy Court, N.D. Illinois · 1986
- Remes v. Acme Carton Corp. (In Re Fasano/Harriss Pie Co.)United States Bankruptcy Court, W.D. Michigan · 1984
18 more not listed; retrieve them via the Exa API.