Legal Opinion
Forman v. Moran Towing Corp. (In re AES Thames, LLC)
United States Bankruptcy Court, D. Delaware
Decided March 3, 2016No. Case No. 11-10334 (KJC); Adversary No. 13-50395 (KJC)PublishedCited by 4 opinions
1Opinion of the Court
*101MEMORANDUM1
KEVIN J. CAREY, UNITED STATES BANKRUPTCY JUDGE
Charles M. Forman, the chapter 7 trustee (the “Trustee”), filed an adversary complaint against Moran Towing Corporation (“Moran”) seeking to avoid and recover two transfers as preference payments pursuant to Bankruptcy Code § 547(b) and § 550. Moran does not dispute that the transfers meet the requirements of § 547(b), but argues that the transfers are not avoidable under Bankruptcy Code § 547(c)(2) because the debtor paid the transfers in the ordinary course of its business with Moran. The parties briefed the issues and filed a Joint…
2Cases cited11 opinions
- In Re Molded Acoustical Products, Inc., Debtor. Fiber Lite Corporation v. Molded Acoustical Products, Inc.Court of Appeals for the Third Circuit · 1994
- United States Trustee v. First Jersey Securities, Inc.Court of Appeals for the Third Circuit · 1999
- Huffman v. New Jersey Steel Corp. (In Re Valley Steel Corp.)United States Bankruptcy Court, W.D. Virginia · 1995
- Burtch v. Detroit Forming, Inc. (In Re Archway Cookies)United States Bankruptcy Court, D. Delaware · 2010
- Troisio v. E.B. Eddy Forest Products U.S. TrusteeCourt of Appeals for the Third Circuit · 2004
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3Cited by4 opinions
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