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§ 547(b)(2)

Agriprocessors, Inc., In re

Ruling: 
Trustee could not recover debtors' intraday-overdraft-covering deposits from bank wherecourt found that debtors' intraday overdrafts did not give rise to antecedent debt. (8th Cir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on June 15,2017, LexisNexis #0717-075

Dots LLC v. Capstone Media (In re Dots LLC)

Ruling: 
Prepayments for work performed by creditor were not on account of antecedent debt and not avoidable preferential transfers.
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Commercial case opionion summary, case decided on July 16,2015, LexisNexis #0815-057

Gocha v. Cooper (In re Bailey)

Plaintiff, the chapter 7 trustee, filed an adversary complaint against defendants, the parents of the debtor wife, seeking to avoid and recover a transfer of $ 11,000 made by the debtors within ninety days before filing their bankruptcy petition. At issue was whether the debtors made the transfer for or on account of an antecedent debt, that is, that was owed by the debtors before such transfer was made, under 11 U.S.C.S. § 547(b)(2).
Ruling: 
Payments to debtor's parents on account of antecedent debt were avoidable.
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Consumer case opionion summary, case decided on May 11,2010, LexisNexis #0810-094

Swope v. Tilton (In re Tilton Corp.)

Chapter 7 trustee alleged that two prepetition transfers by a corporate debtor were preferential under 11 U.S.C.S. § 547(b). It was deemed admitted that one transfer was made in the ordinary course of the debtor's business and was therefore not preferential. Only the transfer to a bank and the resulting release of defendant shareholders as guarantors of the bank debt were at issue in the shareholders motion for summary judgment.
Ruling: 
Release of liability on guarantee was not a preferential transfer.
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Commercial case opionion summary, case decided on February 03,2009, LexisNexis #0609-088

Midwest Holding 7 LLC v. Anderson (In re Tanner Family LLC)

Plaintiff appealed an order of the United States District Court for the Northern District of Georgia affirming a bankruptcy court's denial of its motion for summary judgment and grant of summary judgment in favor of defendant trustee.
Ruling: 
Bankruptcy court properly held that lease termination prepayment was for or on account of antecedent debt and avoidable.
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Commercial case opionion summary, case decided on February 03,2009, LexisNexis #0309-064

Velde v. First Intl Bank & Trust (In re Y-Knot Constr. Inc.)

Appellant creditor, a bank, challenged an order from the Bankruptcy Court for the District of Minnesota, which granted a motion of appellee trustee to compromise a preference action against another creditor, a lumber company, under Fed. R. Bankr. P. 9019.
Ruling: 
Aproval of settlement of preference proceeding reversed as bankruptcy court failed to make required findings of fact.
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