In Re Peter Lee Ken Ota, Debtors. Hall-Mark Electronics Corporation v. Charles E. Sims, Trustee
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
CANBY, Circuit Judge.
Hall-Mark Electronics Corporation appeals the Bankruptcy Appellate Panel’s (“BAP”) decision that a transfer by cashier’s check of $100,000 from the partnership of Peter Lee and Ken Ota (“the Debtor”) to Hall-Mark was a preferential transfer. Hall-Mark appeals. the BAP’s rejection of Hall-Mark’s “new value defense” to preferential transfer under 11 U.S.C. § 547(c)(4). We affirm.
BACKGROUND
Hall-Mark regularly supplied electronic parts to the Debtor. On September 11,1992, the Debtor gave Hall-Mark a personal check for $100,000 as payment for parts that the Debtor…
2Cases cited8 opinions
- Barnhill v. JohnsonSupreme Court of the United States · 1992
- In Re Wadsworth Building Components, Inc., Debtor, Gary L. McClendon Trustee v. Cal-Wood DoorCourt of Appeals for the Ninth Circuit · 1983
- Gold Coast Seed Co. v. Spokane Seed Co. (In Re Gold Coast Seed Co.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
- In Re Wolf & VineCourt of Appeals for the Ninth Circuit · 1987
- Hall-Mark Electronics Corp. v. Sims (In Re Lee)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1995
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