Ginsberg v. Elkem Metals Co. (In Re Olympic Foundry Co.)
United States Bankruptcy Court, W.D. Washington
1Opinion of the Court
MEMORANDUM DECISION
SIDNEY C. YOLINN, Bankruptcy Judge.
The trustee has sued to recover preferential payments under 11 U.S.C. § 547. In order for the trustee to prevail he has the burden of proving the elements set forth in § 547(b). If these are established there are, nevertheless, various defenses, set forth in § 547(c), by which the creditor may avoid liability.
The trustee has met his burden of proof as to the five elements of § 547(b), to-wit:(1) a transfer to or for benefit of the creditor(2) on account of antecedent debt(3) while debtor was insolvent(4) made within 90 days before filing…
2Cases cited13 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Thomas v. Union Carbide Agricultural Products Co.Supreme Court of the United States · 1985
- In Re Wadsworth Building Components, Inc., Debtor, Gary L. McClendon Trustee v. Cal-Wood DoorCourt of Appeals for the Ninth Circuit · 1983
- Gold Coast Seed Co. v. Spokane Seed Co. (In Re Gold Coast Seed Co.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
- Leathers v. Prime Leather Finishes Co.District Court, D. Maine · 1984
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Chaitman v. Paisano Automotive Liquids, Inc. (In Re Almarc Manufacturing, Inc.)United States Bankruptcy Court, N.D. Illinois · 1986
- In Re Belknap, Inc., Debtor. Official Unsecured Creditors' Committee of Belknap, Inc. v. The Shaler CorporationCourt of Appeals for the Sixth Circuit · 1990
- Successor Committee of Creditors Holding Unsecured Claims v. Bergen Brunswig Drug Co. (In Re Ladera Heights Community Hospital, Inc.)United States Bankruptcy Court, C.D. California · 1993
- In Re RheubanUnited States Bankruptcy Court, C.D. California · 1991
- Lowrey v. U.P.G., Inc. (In re Robinson Bros. Drilling, Inc.)Court of Appeals for the Tenth Circuit · 1989
2 more not listed; retrieve them via the Exa API.