Legal Opinion
Lowrey v. Manufacturers Hanover Leasing Corp. (In re Robinson Bros. Drilling, Inc.)
Court of Appeals for the Tenth Circuit
Decided September 28, 1993No. 93-6016PublishedCited by 12 opinions
1Opinion of the Court
BRORBY, Circuit Judge.
We are called upon in this appeal1 to consider the unusual suggestion that, for purposes of the preferential transfer section of the Bankruptcy Code, a comparatively minor reduction in a preferred creditor’s extensive financial liabilities conferred no cognizable economic benefit on the creditor because his remaining debts still vastly overwhelmed his assets. Reasons both legal and practical lead us to reject such a view.
The Trustee brought this adversary proceeding under 11 U.S.C. §§ 547(b) and 550(a) to avoid and recover certain allegedly preferential prepetition…
2Cases cited12 opinions
- Barnhill v. JohnsonSupreme Court of the United States · 1992
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
- In Re Ozark Restaurant Equipment Co., Inc. James G. Mixon, Trustee v. Bruce Anderson, Elmer Dale Yancey, Kenneth Eads, Robert Whiteley and Anderson Cajun's Wharf, James G. Mixon, Trustee v. Anderson Cajun's Wharf, James G. Mixon, Trustee v. Ed Yancey, Bruce Anderson and Kenneth EadsCourt of Appeals for the Eighth Circuit · 1987
- 21 Collier bankr.cas.2d 1405, Bankr. L. Rep. P 73,090 in Re Robinson Brothers Drilling, Inc., and Robinson Brothers Drilling Company, Debtors. Manufacturers Hanover Leasing Corp. Halliburton Company Gray Tool Company and Ponder Fishing Tools, Inc. v. Harold G. Lowrey, Chapter 11 Trustee, for the Estate of the DebtorsCourt of Appeals for the Tenth Circuit · 1990
7 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Wallace Hardware Company, Inc., Plaintiff-Appellant/cross-Appellee v. Bill Abrams, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 2000
- Manchester v. First Bank & Trust Co. (In Re Moses)Bankruptcy Appellate Panel of the Tenth Circuit · 2000
- Payne v. Clarendon National Insurance (In Re Sunset Sales, Inc.)Bankruptcy Appellate Panel of the Tenth Circuit · 1998
- Clark v. Balcor Real Estate Finance, Inc. (In re Meridith Hoffman Partners)Court of Appeals for the Tenth Circuit · 1993
- International Ventures, Inc. v. Block Properties VII (In Re International Ventures, Inc.)United States Bankruptcy Court, E.D. Arkansas · 1997
7 more not listed; retrieve them via the Exa API.