Legal Opinion
Mandross v. Peoples Banking Co.
Court of Appeals for the Sixth Circuit
Decided August 7, 1987No. 86-3688PublishedCited by 3 opinions
1Opinion of the Court
CORNELIA G. KENNEDY, Circuit Judge.
This case presents the question of whether a payment by a third party to a creditor on behalf of a debtor is a voidable preferential transfer when the debtor grants security interests to the third party in exchange for the payment. The District Court held that defendant-appellant Peoples Banking Company (“Peoples”) received from James Ross Hartley (“the debt- or”) a preferential transfer of $500,000, voidable under 11 U.S.C. § 547(b) (1982), and granted plaintiff-appellee Suzanne Cot-ner Mandross, the trustee in bankruptcy (“Trustee”), partial summary…
2Cases cited12 opinions
- DeRosa v. Buildex Inc. (In Re F & S Central Manufacturing Corp.)United States Bankruptcy Court, E.D. New York · 1985
- Grubb v. General Contract Purchase CorporationCourt of Appeals for the Second Circuit · 1938
- Robert J. BROWN, Trustee, Appellant, v. FIRST NATIONAL BANK OF LITTLE ROCK, ARKANSAS, Appellee. Ark-La Materials, Inc., DebtorCourt of Appeals for the First Circuit · 1984
- Deel Rent-A-Car, Inc. v. Howard A. Levine and Herbert FreehlingCourt of Appeals for the Eleventh Circuit · 1983
- Hargadon v. Cove State Bank (In Re Jaggers)United States Bankruptcy Court, W.D. Texas · 1985
7 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- 17 Collier bankr.cas.2d 550, Bankr. L. Rep. P 71,951 in Re James Ross Hartley & Sharon Lee Hartley, D/B/A Hartley Trucking, Debtors. Suzanne Cotner Mandross, Successor-Trustee v. Peoples Banking CompanyCourt of Appeals for the Sixth Circuit · 1987
- Constance I. Dubroff v. Duncan D. Dubroff, Don M. KennedyCourt of Appeals for the Fifth Circuit · 1987
- Duvoisin v. Anderson (In Re Southern Industrial Banking Corp.)United States Bankruptcy Court, E.D. Tennessee · 1988