Legal Opinion
Unsecured Creditors Committee of Sparrer Sausage Co. v. Jason's Foods, Inc.
Court of Appeals for the Seventh Circuit
Decided June 10, 2016No. 15-2356PublishedCited by 17 opinions
1Opinion of the Court
SYKES, Circuit Judge.
During the 90-day preference period preceding its Chapter 11 bankruptcy filing, Sparrer Sausage Company paid invoices it received from Jason’s Foods, Inc., one of its suppliers, totaling roughly $587,000. The Unsecured Creditors Committee asked that these payments be returned to the bankruptcy estate as avoidable preferences under § 547(b) of the Bankruptcy Code. Jason’s Foods agreed that the payments were avoidable preferences but claimed an exception under 11 U.S.C. § 547(c)(2)(A) for otherwise preferential transfers made in the ordinary course of business.
The…
2Cases cited15 opinions
- In the Matter of Tolona Pizza Products Corporation, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1993
- In Re Fulghum Construction Corp., Debtor. Robert H. Waldschmidt, Trustee v. Harry H. Ranier, Algin Nolan, and Ranier & AssociatesCourt of Appeals for the Sixth Circuit · 1989
- Thomas G. Lovett, Jr., Trustee for Transportation Systems International, Inc. v. St. Johnsbury TruckingCourt of Appeals for the Eighth Circuit · 1991
- In re PrescottCourt of Appeals for the Seventh Circuit · 1986
- Kovacs v. United StatesCourt of Appeals for the Seventh Circuit · 2010
10 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Fox v. Hathaway (In Re Chi. Mgmt. Consulting Grp., Inc.)Court of Appeals for the Seventh Circuit · 2019
- Dots, LLC v. Milberg Factors, Inc. (In re Dots, LLC.)United States Bankruptcy Court, D. New Jersey · 2017
- Zeddun v. Griswold (In re Wierzbicki)Court of Appeals for the Seventh Circuit · 2016
- Halbert v. Dimas (In re Halbert)United States Bankruptcy Court, N.D. Illinois · 2017
- In re Managed Storage Int'l, Inc.United States Bankruptcy Court, D. Delaware · 2019
12 more not listed; retrieve them via the Exa API.