Legal Opinion

Marlow v. Rollins Cotton Co. (In Re Julien Co.)

District Court, W.D. Tennessee

Decided October 31, 1996No. 94-2740 M1/BrePublishedCited by 2 opinions

1Opinion of the Court

ORDER AFFIRMING BANKRUPTCY COURT’S OPINION

McCALLA, District Judge.

The trustee and Bankers Trust Company appeal the bankruptcy court’s decision finding that two pre-petition transfers, totalling approximately $22 million, from the debtor to Rollins Cotton Company were not avoidable transfers under 11 U.S.C. § 547(b). The issue on appeal is whether the bankruptcy court erred in concluding that Rollins Cotton Company was a fully secured creditor at the time of the two transfers. For the reasons set forth below, the decision of the bankruptcy court is affirmed.

BACKGROUND

During April and May 1989,…

2Cases cited15 opinions

In Re Howard P. Batie, Debtor. Investors Credit Corporation v. Howard P. BatieCourt of Appeals for the Sixth Circuit · 1993
In the Matter of Numeric Corp., Bankrupt. Appeal of Russell E. BlankCourt of Appeals for the First Circuit · 1973
In Re Tenna Corporation, Debtor. Charles J. Neuger, Trustee v. United StatesCourt of Appeals for the Sixth Circuit · 1986
In Re Lco Enterprises, Debtor. Lincoln Alvarado Patrician Associates, Inc. Lpc Alvarado Phase II v. Edward M. Walsh, TrusteeCourt of Appeals for the Ninth Circuit · 1993
In re CopelandCourt of Appeals for the Third Circuit · 1976

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3Cited by2 opinions

International Ventures, Inc. v. Block Properties VII (In Re International Ventures, Inc.)United States Bankruptcy Court, E.D. Arkansas · 1997
Gonzales v. Sun Life Insurance (In re Furr's Supermarkets, Inc.)United States Bankruptcy Court, D. New Mexico · 2012