Gold Coast Seed Co. v. Spokane Seed Co. (In Re Gold Coast Seed Co.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
ELLIOTT, Bankruptcy Judge:
Spokane Seed Company (the “Appellant”) appeals from an order granting summary judgment to the Trustee requiring it to disgorge a preference in the sum of $62,920 and refusing to recognize a credit of $54,340 for new value. We sustain the determination that an avoidable preference occurred but disapprove the failure to give credit for the new value.
The facts are not disputed. The Debtor filed its chapter 11 petition on June 30, 1980. The case was later converted to chapter 7. Thus, the 90th day before the date of the filing of the petition was April 1, 1980. As of…
2Cases cited8 opinions
- Matter of DuffyUnited States Bankruptcy Court, S.D. New York · 1980
- Thomas W. Garland, Inc. v. Union Electric Co. (In Re Thomas W. Garland, Inc.)United States Bankruptcy Court, E.D. Missouri · 1982
- James R. Fitzpatrick, as Trustee of A. W. Sikking Co., Bankrupt v. Philco Finance Corp.Court of Appeals for the Seventh Circuit · 1974
- Itule v. Luhr Jensen & Sons, Inc. (In Re Sportsco, Inc.)United States Bankruptcy Court, D. Arizona · 1981
- Shamrock Golf Company v. Richcraft, Inc.Court of Appeals for the Ninth Circuit · 1982
3 more not listed; retrieve them via the Exa API.
3Cited by54 opinions
- 20 Collier bankr.cas.2d 19, Bankr. L. Rep. P 72,385, 7 Ucc rep.serv.2d 656 in Re Bellanca Aircraft Corporation, Debtor (Three Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas Corporation, (Two Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas CorporationCourt of Appeals for the Eighth Circuit · 1988
- 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
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- Tidwell v. Atlanta Gas Light Co. (In Re Georgia Steel, Inc.)United States Bankruptcy Court, M.D. Georgia · 1984
- Henderson v. Allred (In Re Western World Funding, Inc.)United States Bankruptcy Court, D. Nevada · 1985
49 more not listed; retrieve them via the Exa API.