Morrison v. Champion Credit Corp.
Court of Appeals for the Fourth Circuit
1Opinion of the Court
*797OPINION
WILKINSON, Circuit Judge:
The issue in this case is whether payments made by a debtor to an unsecured creditor in the ninety days preceding bankruptcy constitute an avoidable preference under 11 U.S.C. § 547(b) when the purpose of the transfers was to make good a check of the debtor that had bounced prior to the ninety-day period. The bankruptcy court ruled that the payments were preferences, and the district court affirmed that holding.
We now affirm the district court. We find all elements of a section 547(b) preference to be present, and we reject appellants’ assertions under 11…
2Cases cited7 opinions
- Barash v. Public Finance Corp.Court of Appeals for the Seventh Circuit · 1981
- 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 Iowa Premium Service Co., Inc., Debtor. Iowa Premium Service Co., Inc. v. First National Bank in St. Louis, St. Louis, MissouriCourt of Appeals for the First Circuit · 1982
- In Re White River CorporationCourt of Appeals for the Tenth Circuit · 1986
- In Re Standard Food Services, Inc.Court of Appeals for the Eleventh Circuit · 1984
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3Cited by15 opinions
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- Camark, Inc. v. TariqUnited States Bankruptcy Court, D. Maryland · 2022
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