Legal Opinion
Vaqueria Tres Monjitas, Inc. v. Wiscovitch-Rentas (In re PMC Marketing, Corp.)
District Court, D. Puerto Rico
Decided March 12, 2015No. Civil No. 14-1125 (SEC)PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER
SALVADOR E. CASELLAS, Senior District Judge.
This appeal arises from Chapter 7 bankruptcy proceedings initiated against PMC Marketing, Corp. (PMC), which did business in Puerto Rico as the now-defunct “Farmacias El Amal.” Appellant Vaquería Tres Monjitas Inc. (Tres Monjitas) seeks review of the bankruptcy court’s decision that it failed to shoulder its burden of demonstrating that certain “preferential” payments were not exempt from avoidance under the ordinary-course-of-business exception, 11 U.S.C. § 547(c)(2). Finding no reversible error, the Court AFFIRMS.
Factual and…
2Cases cited30 opinions
- United States v. Ilario M.A. ZanninoCourt of Appeals for the First Circuit · 1990
- James L. McCoy Administrator of the Electrical Workers Trust Funds, Etc. v. Massachusetts Institute of TechnologyCourt of Appeals for the First Circuit · 1991
- Wood v. MilyardSupreme Court of the United States · 2012
- Union Bank v. WolasSupreme Court of the United States · 1991
- Wilma Cumpiano A/K/A Wilma Cumpiano Sanchez v. Banco Santander Puerto RicoCourt of Appeals for the First Circuit · 1990
25 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Wiscovitch-Rentas v. Villa Blanca VB Plaza LLCBankruptcy Appellate Panel of the First Circuit · 2016