Legal Opinion
Laker v. Vallette (In Re Toyota of Jefferson, Inc.)
Court of Appeals for the Fifth Circuit
Decided February 28, 1994No. 93-03289PublishedCited by 51 opinions
1Opinion of the Court
KING, Circuit Judge:
Leonard Laker, as trustee of the bankruptcy estate of Toyota of Jefferson, Inc., sought to recover for the estate three allegedly preferential payments of money from the debtor to one of its creditors, Amelia Schexnayder Normand, under 11 U.S.C. § 547. The court below held that all three payments were voidable preferences, but it nevertheless permitted him to recover only the final transfer. This appeal'followed.
I. BACKGROUND
A. Facts
Louis J. Normand, Sr., was the president and majority shareholder of Toyota of Jefferson, Inc. (Toyota). Amelia Schexnayder Normand, now…
2Cases cited17 opinions
- Morley Construction Co. v. Maryland Casualty Co.Supreme Court of the United States · 1937
- In Re Fulghum Construction CorporationCourt of Appeals for the First Circuit · 1983
- Securities and Exchange Commission v. Amx, International, Inc., William B. ClarkCourt of Appeals for the Fifth Circuit · 1993
- In re PrescottCourt of Appeals for the Seventh Circuit · 1986
- 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
12 more not listed; retrieve them via the Exa API.
3Cited by51 opinions
- Peavy v. WFAA-TV, Inc.Court of Appeals for the Fifth Circuit · 2000
- Grimsley v. MacKayCourt of Appeals for the Tenth Circuit · 1996
- In Re: Jones Truck Lines, Inc.Court of Appeals for the Eighth Circuit · 1998
- Jones Truck Lines, Inc. v. Central States, Southeast & Southwest Areas Pension FundCourt of Appeals for the Eighth Circuit · 1997
- G.H. Leidenheimer Baking Co. v. SharpCourt of Appeals for the Fifth Circuit · 2006
46 more not listed; retrieve them via the Exa API.