In the Matter of J.P. Fyfe, Inc. Of Florida v. Bradco Supply Corporation
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
The bankruptcy Trustee for the estate of J.P. Fyfe, Inc., of Florida (FOF) filed a complaint to set aside a preferential payment by the debtor, FOF, to Bradco Supply Corporation (Bradco) under 11 U.S.C. § 547. The bankruptcy court found for the Trustee and the district court affirmed. Bradco appealed, contending that the Fyfe payment qualifies under the “saving provision” of 11 U.S.C. § 547(c)(2) as a non-preferential payment made in the “ordinary course of business.” We affirm.
I
The bankrupt, FOF, a roof installation company, had over a period of…
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