Laker v. Vallette
Court of Appeals for the Fifth Circuit
1Opinion of the Court
KING, Circuit Judge:
Leonard Laker, as trustee of the bankruptcy estate of Toyota of Jefferson, Inc., sought to recover for the estate three allegedly preferential payments of money from the debtor to one of its creditors, Amelia Sehexnayder Normand, under 11 U.S.C. § 547. The court below held that all three payments were voidable preferences, but it nevertheless permitted him to recover only the final transfer. This appeal followed.
I. BACKGROUND
A. Facts
Louis J. Normand, Sr., was the president and majority shareholder of Toyota of Jefferson, Inc. (Toyota). Amelia Sehexnayder Normand, now…
2Cases cited15 opinions
- Morley Construction Co. v. Maryland Casualty Co.Supreme Court of the United States · 1937
- In Re Fulghum Construction CorporationCourt of Appeals for the First Circuit · 1983
- Securities and Exchange Commission v. Amx, International, Inc., William B. ClarkCourt of Appeals for the Fifth Circuit · 1993
- In re PrescottCourt of Appeals for the Seventh Circuit · 1986
- 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
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