Legal Opinion
Brown v. Shell Canada, Ltd. (In Re Tennessee Chemical Co.)
United States Bankruptcy Court, E.D. Tennessee
Decided August 4, 1992No. Bankruptcy No. 1-89-01106, Adv. No. 90-1087PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM
RALPH H. KELLEY, Chief Judge.
Shortly before filing a Chapter 11 bankruptcy case, Tennessee Chemical secured a debt to Shell Canada by giving it a security interest in Tennessee Chemical’s property. The bankruptcy trustee for Tennessee Chemical alleges that the transfer of the security interest can be avoided as a preferential transfer. 11 U.S.C.A. § 547 (West 1979 & Supp.1992).
The trustee can avoid the transfer as a preference only if Tennessee Chemical was insolvent at the time of the transfer. 11 U.S.C.A. § 547(b)(3) (West 1979). The question now before the court is whether…
2Cases cited24 opinions
- In Re the YODER COMPANY, Debtor. Mark S. BRATTON, Plaintiff-Appellant, v. the YODER COMPANY, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1985
- DeRosa v. Buildex Inc. (In Re F & S Central Manufacturing Corp.)United States Bankruptcy Court, E.D. New York · 1985
- Fryman v. Century Factors (In Re Art Shirt Ltd.)District Court, E.D. Pennsylvania · 1988
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- Sierra Steel, Inc. v. Totten Tubes, Inc. (In Re Sierra Steel, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1989
19 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Hicks, Muse & Co. v. BrandtCourt of Appeals for the First Circuit · 1998
- In Re Tennessee Chemical Company, Debtor. Scott N. Brown, Jr., Trustee v. Shell Canada Limited, Cross-AppelleeCourt of Appeals for the Sixth Circuit · 1997
- EBC I, Inc. v. America Online, Inc. (In Re EEC I, Inc.)United States Bankruptcy Court, D. Delaware · 2008
- Schwinn Plan Committee v. AFS Cycle & Co. (In Re Schwinn Bicycle Co.)United States Bankruptcy Court, N.D. Illinois · 1996
- Ames Merchandising Corp. v. Cellmark Paper Inc. (In Re Ames Department Stores, Inc.)United States Bankruptcy Court, S.D. New York · 2011
5 more not listed; retrieve them via the Exa API.