Legal Opinion

Rovzar v. Chemical Sales & Service Co. (In Re Saco Local Development Corp.)

United States Bankruptcy Court, D. Maine

Decided May 26, 1983No. 19-20033PublishedCited by 43 opinions

1Opinion of the Court

MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

The trustee seeks to recover, as avoidable preferences under section 547(b) of the Bankruptcy Code, payments received by Chemical Sales and Service Company from the debtor, the Saco Tanning Division of Kirstein Leather Company. 11 U.S.C.A. § 547(b) (1979). Chemical Sales argues that the trustee has failed to establish an element of section 547(b). In addition, it argues that the challenged transfers are protected from avoidance by the net result rule and section 547(c)(4). 11 U.S.C.A. § 547(c)(4) (1979). The court concludes that the…

2Cases cited13 opinions

  1. Palmer Clay Products Co. v. BrownSupreme Court of the United States · 1936
  2. In The Matter Of The Colorado CorporationCourt of Appeals for the Tenth Circuit · 1976
  3. In the Matter of Dennis Cecil Gervich, Bankrupt. Curtis L. Mann, Trustee v. John A. Shepard, and Dennis C. Gervich and Stella B. GervichCourt of Appeals for the Eighth Circuit · 1978
  4. American National Bank and Trust Company of Chicago, Illinois v. Joseph M. Bone, Jr., Trustee in Bankruptcy of John D. Schindler, BankruptCourt of Appeals for the Eighth Circuit · 1964
  5. Matter of HarlandUnited States Bankruptcy Court, D. Nebraska · 1980

8 more not listed; retrieve them via the Exa API.

3Cited by43 opinions

  1. Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
  2. 13 Collier bankr.cas.2d 1400, Bankr. L. Rep. P 70,902 in Re Lewis W. Shurtleff, Inc. And Frontier Properties, Inc., Debtors. Thomas D. Elliott, Trustee v. Frontier Properties/lp 102/meadow Glen Arms/79Court of Appeals for the Ninth Circuit · 1986
  3. Matter of Baldwin-United Corp.United States Bankruptcy Court, S.D. Ohio · 1987
  4. Tidwell v. Amsouth Bank, N.A. (In Re Cavalier Homes of Georgia)United States Bankruptcy Court, M.D. Georgia · 1989
  5. Pereira v. United States (In Re Rodriguez)United States Bankruptcy Court, E.D. New York · 1985

38 more not listed; retrieve them via the Exa API.

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