Legal Opinion
Phoenix Restaurant Group, Inc. v. Ajilon Professional Staffing LLC (In Re Phoenix Restaurant Group, Inc.)
United States Bankruptcy Court, M.D. Tennessee
Decided December 1, 2004No. Bankruptcy No. 301-12036, Adversary No. 303-0740APublishedCited by 12 opinions
1Opinion of the Court
Memorandum
KEITH M. LUNDIN, Bankruptcy Judge.
In this preference action, the Defendant moves for summary judgment with respect to the subsequent new value defense in 11 U.S.C. § 547(c)(4). To prevail under § 547(c)(4) the Defendant must demonstrate that the debtor did not repay the new value with an otherwise unavoidable transfer. Post petition transfers to or from the estate are not considered in § 547(c)(4) analysis. Because this Defendant raises other § 547(c) defenses that are not ready for adjudication, the § 547(c)(4) defense cannot be resolved on summary judgment.
I. Facts
Phoenix…
2Cases cited35 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
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme 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
- Lavaughn Booker v. Brown & Williamson Tobacco Co., Inc.Court of Appeals for the Sixth Circuit · 1989
30 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Friedman's Liquidating Trust v. Roth Staffing Companies LP (In Re Friedman's Inc.)Court of Appeals for the Third Circuit · 2013
- Kaye v. Blue Bell Creameries, Inc. (In Re BFW Liquidation, LLC)Court of Appeals for the Eleventh Circuit · 2018
- Shubert v. Lucent Technologies Inc. (In Re Winstar Communications, Inc.)United States Bankruptcy Court, D. Delaware · 2005
- Dots, LLC v. Milberg Factors, Inc. (In re Dots, LLC.)United States Bankruptcy Court, D. New Jersey · 2017
- Meininger v. TMG Staffing Services, Inc. (In Re Cypress Restaurants of Georgia, Inc.)United States Bankruptcy Court, M.D. Florida · 2005
7 more not listed; retrieve them via the Exa API.