Legal Opinion

Cimmaron Oil Co., Inc. v. Cameron Consultants, Inc.

District Court, N.D. Texas

Decided April 13, 1987No. Civ. A. CA3-86-1644-DPublishedCited by 28 opinions

1Opinion of the Court

OPINION

FITZWATER, District Judge.

Appellant, Cimmaron Oil Company, Inc. (“Cimmaron”), a chapter 11 debtor, appeals from a summary judgment denying its attempt to avoid two pre-petition payments as being 11 U.S.C. § 547(b) preferences. The creditor, Cameron Consultants, Inc. (“Consultants”), successfully urged in the bankruptcy court the affirmative defense that it had substantially and contemporaneously exchanged new value within the meaning of 11 U.S.C. § 547(c)(1) by accepting the payments and thus giving up its right to perfect statutory liens on two Cim-maron oil and gas wells.

The question…

2Cases cited23 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Immigration & Naturalization Service v. Cardoza-FonsecaSupreme Court of the United States · 1987
  3. United States v. JamesSupreme Court of the United States · 1986
  4. Joseph J. Ricotta, as Trustee of L. E. Kimball Construction Co., .Inc., Bankrupt v. Burns Coal & Building Supply CompanyCourt of Appeals for the Second Circuit · 1959
  5. Newton v. Andrews Distributing Co. (In Re White)United States Bankruptcy Court, E.D. Tennessee · 1986

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

3Cited by28 opinions

  1. In Re Globe Manufacturing Corp.Court of Appeals for the Eleventh Circuit · 2009
  2. Baker Hughes Oilfield Operations, Inc. v. Cage (In Re Ramba, Inc.)Court of Appeals for the Fifth Circuit · 2005
  3. Official Committee of Unsecured Creditors of 360networks (USA) Inc. v. U.S. Relocation Services, Inc. (In Re 360NETWORKS (USA) INC.)United States Bankruptcy Court, S.D. New York · 2005
  4. Cavazos v. SimmonsDistrict Court, N.D. Texas · 1988
  5. In Re SmithUnited States Bankruptcy Court, N.D. Texas · 2009

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API