Legal Opinion
Thomas Farm Systems, Inc. v. Drive-Kore, Inc. (In Re Thomas Farm Systems, Inc.)
United States Bankruptcy Court, E.D. Pennsylvania
Decided March 19, 1982No. 19-10831PublishedCited by 11 opinions
1Opinion of the Court
OPINION
THOMAS M. TWARDOWSKI, Bankruptcy Judge.
This case addresses the issue of whether payment on an antecedent debt made within 90 days of the filing of a petition in Bankruptcy constitutes a preferential transfer. For reasons hereinafter given, we conclude that the facts of this case do not support the characterization of this transfer as preferential and we will deny the trustee’s application to avoid it. 1
The plaintiff-debtor, Thomas Farm Systems, Inc. (hereinafter, “Thomas Farms”) sent the defendant-creditor, Drive-Kore, Inc. (hereinafter, “Drive-Kore”) a check in the amount of $500.00…
2Cases cited9 opinions
- Constructora Maza, Inc. v. Banco De PonceCourt of Appeals for the First Circuit · 1980
- Belfance v. Bancohio/National Bank (In Re McCormick)United States Bankruptcy Court, N.D. Ohio · 1980
- The Farmers Bank of Clinton, Missouri v. Vance Julian, Trustee in Bankruptcy of Roby C. Woody, D/B/A Woody Motorcompany, BankruptCourt of Appeals for the Eighth Circuit · 1967
- Seligson v. New York Produce ExchangeDistrict Court, S.D. New York · 1975
- Waldschmidt v. Ranier (In Re Fulghum Construction Co.)United States Bankruptcy Court, M.D. Tennessee · 1980
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- First Software Corp. Ex Rel. Disbursing Agent v. Computer Associates International, Inc. (In Re First Software Corp.)District Court, D. Massachusetts · 1989
- Meister v. State National Bank of Connecticut (In Re Mailbag International, Inc.)United States Bankruptcy Court, D. Connecticut · 1983
- Devan v. CIT Group/Commercial Services, Inc. (In Re Merry-Go-Round Enterprises, Inc.)United States Bankruptcy Court, D. Maryland · 1999
- DOLA International Corp. v. Bordlemay (In Re DOLA International Corp.)United States Bankruptcy Court, D. Minnesota · 1988
6 more not listed; retrieve them via the Exa API.