In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.

U.S. Court of Appeals, Fifth Circuit · Decided 1988-01-12

Cited by 114 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

JERRE S. WILLIAMS, Circuit Judge: This is a bankruptcy preference case in which a bankruptcy trustee seeks to recover a transfer made via a letter of credit for the benefit of one of the debtor’s unsecured creditors on the eve of bankruptcy. The bankruptcy court and the district court found there to be no voidable preference. We reverse. I.…

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