Legal Opinion
Intercontinental Polymers, Inc. v. Equistar Chemicals, LP (In Re Intercontinental Polymers, Inc.)
United States Bankruptcy Court, E.D. Tennessee
Decided March 31, 2005No. Bankruptcy No. 03-23736. Adversary No. 04-2016PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM
MARCIA PHILLIPS PARSONS, Bankruptcy Judge.
This preference action is before the court on the parties’ cross-motions for summary judgment. This court having concluded that the transfers are excepted from avoidance under 11 U.S.C. § 547(c)(4) except to the extent of $8,558.87, the motions will be granted in part and denied in part. This is a core proceeding. See 28 U.S.C. 157(b)(2)(F).
I
The debtor Intercontinental Polymers, Inc. (“IPI”) filed chapter 11 on October 20, 2003, and on April 7, 2004, IPI commenced the present adversary proceeding against Equistar Chemicals, LP (“Equistar”).…
2Cases cited45 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Edward E. ERCEGOVICH, Plaintiff-Appellant, v. GOODYEAR TIRE & RUBBER COMPANY, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1998
- Harold F. Braithwaite v. The Timken CompanyCourt of Appeals for the Sixth Circuit · 2001
- Browning v. LevyCourt of Appeals for the Sixth Circuit · 2002
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3Cited by3 opinions
- Cellmark Paper, Inc. v. Ames Merchandising Corp. (In Re Ames Department Stores, Inc.)District Court, S.D. New York · 2012
- Gonzales v. Sun Life Insurance (In re Furr's Supermarkets, Inc.)United States Bankruptcy Court, D. New Mexico · 2012
- Yoppolo v. Comerica Bank (In Re Norwalk Furniture Corp.)United States Bankruptcy Court, N.D. Ohio · 2009