Legal Opinion

Still v. Congress Financial Corp. (In Re Southwest Equipment Rental, Inc.)

United States Bankruptcy Court, E.D. Tennessee

Decided February 18, 1992No. Bankruptcy No. 1-88-00033, Adv. No. 1-88-00208PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM

RALPH H. KELLEY, Chief Judge.

The trustee in bankruptcy for Southwest Equipment Rental brought this suit against Congress Financial Corporation to recover alleged preferential transfers. For convenience, the court will refer to Southwest Equipment Rental as Southwest and to Congress Financial as CF.

Southwest operated a trucking company. CF made a series of operating loans to Southwest. To secure the loan debt, Southwest gave CF a security interest in Southwest’s accounts receivable. Southwest’s president also guaranteed the debt to CF.

This opinion deals with CF’s first motion for…

2Cases cited14 opinions

  1. Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
  2. In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.Court of Appeals for the Fifth Circuit · 1988
  3. Lowrey v. First National Bank of Bethany (In Re Robinson Bros. Drilling, Inc.)District Court, W.D. Oklahoma · 1988
  4. In Re C-L Cartage Co., Inc.Court of Appeals for the Sixth Circuit · 1990
  5. Ford Motor Credit Co. v. Ken Gardner Ford Sales, Inc. (In Re Ken Gardner Ford Sales, Inc.)United States Bankruptcy Court, E.D. Tennessee · 1981

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3Cited by5 opinions

  1. Bruce Comly French v. Bank One, Lima N.A. (In Re Rehab Project, Inc.)United States Bankruptcy Court, N.D. Ohio · 1999
  2. Hunter v. Snap-On Credit Corp. (In Re Fox)United States Bankruptcy Court, N.D. Ohio · 1998
  3. Miller v. Steinberg (In Re Marilyn Steinberg Enterprises Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1992
  4. Murphy v. Wainwright Bank & Trust Co. (In Re Jameson Travel, Inc.)United States Bankruptcy Court, D. Massachusetts · 1992
  5. Kirtley v. Consolidated Nutrition, L.C. (In Re Freeny)United States Bankruptcy Court, N.D. Oklahoma · 1995

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