Legal Opinion
Wooten v. Vicksburg Refining, Inc. (In Re Hill Petroleum Co.)
United States Bankruptcy Court, W.D. Louisiana
Decided December 8, 1988No. 19-20118PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
W. DONALD BOE, Jr., Bankruptcy Judge.
Summary
In this case the Court finds that defendants, which are corporations under common control, are solidarily liable to the estate for petroleum products allegedly purchased by only one of them; that an alleged triangular setoff, one day prior to the filing of the Chapter 11 petition for relief, by which one of the corporations attempted to eliminate its debt to the Chapter 11 debtor by offsetting it against the amounts the Chapter 11 debtor purportedly owed to the other corporation is invalid and of no effect; that the estate is not…
2Cases cited28 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Swift & Co. Packers v. Compania Colombiana Del Caribe, S. A.Supreme Court of the United States · 1950
- In the Matter of First Colonial Corp. Of America, Bankrupt. American Benefit Life Insurance Company, Appellants-Cross-Appellees v. Franz J. Baddock, Trustee, Appellee-Cross-Appellant. In the Matter of First Colonial Corp. Of America, Bankrupt. Bert K. Robinson v. American Benefit Life Insurance CompanyCourt of Appeals for the First Circuit · 1977
23 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Photo Mechanical Services, Inc. v. E.I. DuPont De Nemours & Co. (In Re Photo Mechanical Services, Inc.)United States Bankruptcy Court, D. Minnesota · 1995
- U.S. Aeroteam, Inc. v. Delphi Automotive Systems, LLC (In Re U.S. Aeroteam, Inc.)United States Bankruptcy Court, S.D. Ohio · 2005
- In re Semcrube, L.P.United States Bankruptcy Court, D. Delaware · 2009
- In Re Garden Ridge Corp.United States Bankruptcy Court, D. Delaware · 2006
- Farrell v. Wurm (In Re Donnay)United States Bankruptcy Court, D. Minnesota · 1995
7 more not listed; retrieve them via the Exa API.