Gouveia v. RDI Group (Globe Building Materials, Inc.)

WOOD, Circuit Judge.

In late 1999, Globe Building Materials, Inc. (“Globe”), a roofing products manufacturer, asked The RDI Group, Inc. (“RDI”) to submit a proposal for a custom-built equipment line for use in manufacturing laminated roofing products. RDI responded positively, and in early 2000, Globe and RDI entered into a contract for the line. RDI set to work, but when it was almost finished, Globe filed for bankruptcy. This case arose as an adversary proceeding brought by Globe’s bankruptcy trustee against RDI, in which the trustee sought to recover Globe’s last payment to RDI on the…