In Re LEWELLYN & CO., INC., and Gary Vance Lewellyn, Debtors. Paul R. TYLER, Trustee, Appellant, v. SWISS AMERICAN SECURITIES, INC., Appellee
Court of Appeals for the Eighth Circuit
1Opinion of the Court
HEANEY, Senior Circuit Judge.
' Paul R. Tyler, trustee for the consolidated bankruptcy estates of Gary Lewellyn and G.Y. Lewellyn & Co. (GVL), appeals from the district court’s affirmance of the bankruptcy court’s finding that a transfer of stock by Lewellyn to Swiss American Securities, Inc. (SASI) was a non-avoidable preference under 11 U.S.C. § 547(c). We affirm.
BACKGROUND
GVL was a securities brokerage firm incorporated in 1980 in Des Moines, Iowa. In June 1981, Gary Lewellyn, president and sole shareholder of GVL, entered into an agreement for securities clearing services with SASI, a…
2Cases cited5 opinions
- Bankr. L. Rep. P 71,497 in the Matter of John B. Prescott and Janet L. Prescott, Debtors. Appeals of Marine Bank Dane County, Gateway Foods, Inc. & Jerry J. Armstrong, TrusteeCourt of Appeals for the Seventh Circuit · 1986
- Remes v. Acme Carton Corp. (In Re Fasano/Harriss Pie Co.)United States Bankruptcy Court, W.D. Michigan · 1984
- 13 Collier bankr.cas.2d 412, Bankr. L. Rep. P 70,704 in Re Larry Hunter and Mary Ellen Hunter, Debtors. Richard Jennen v. Larry Hunter and Mary Ellen Hunter, in Re Larry Hunter and Mary Ellen Hunter, Debtors. Richard Jennen v. Larry Hunter and Mary Ellen HunterCourt of Appeals for the Eighth Circuit · 1985
- Grogan v. Southwest Textiles, Inc. (In Re Advance Glove Manufacturing Co.)United States Bankruptcy Court, E.D. Michigan · 1984
- Pfau v. First National Bank, Pipestone (In Re Schmidt)United States Bankruptcy Court, D. Minnesota · 1982
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- Dye v. Rivera (In Re Marino)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1996
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