Legal Opinion

Decor Noel Corp. v. v. Alexander & Co. (In Re Decor Noel Corp.)

District Court, W.D. Tennessee

Decided May 31, 1991No. 86-2868-HBPublishedCited by 2 opinions

1Opinion of the Court

ORDER AFFIRMING THE DECISION OF THE BANKRUPTCY COURT

HORTON, Chief Judge.

The Court must decide whether Decor Noel’s payments totaling $14,677.52 were made in the ordinary course of business and not subject to § 547(b) avoidance.

After a de novo review of the record, transcripts, exhibits, briefs of both parties and ruling of the Bankruptcy Court, this Court AFFIRMS the Bankruptcy Court’s ruling that the preferential payments made by Decor Noel to V. Alexander, other than the $1,133.20 payment, are excepted from avoidance because they were made in the ordinary course of Decor Noel’s business.

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2Cases cited6 opinions

Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
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
In Re Yurika Foods Corp., Debtor and Debtor-In-Possession. Yurika Foods Corporation v. United Parcel ServiceCourt of Appeals for the Sixth Circuit · 1989
In Re Colonial Discount CorporationCourt of Appeals for the Seventh Circuit · 1986
In Re Belknap, Inc., Debtor. Official Unsecured Creditors' Committee of Belknap, Inc. v. The Shaler CorporationCourt of Appeals for the Sixth Circuit · 1990

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3Cited by2 opinions

Trinkoff v. Porters Supply Co. (In Re Daedalean, Inc.)United States Bankruptcy Court, D. Maryland · 1996
Barber v. Bettendorf Bank, N.A. (In Re Pearson Industries, Inc.)United States Bankruptcy Court, C.D. Illinois · 1993