In the Matter of Southmark Corporation, Debtor. Southmark Corporation v. Joseph Grosz

U.S. Court of Appeals, Fifth Circuit · Decided 1995-04-14

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WIENER, Circuit Judge: Southmark Corporation (“Southmark”), a debtor in possession, appeals from a judgment dismissing its claim that a payment to Joseph Grosz, a former officer of one of Southmark’s subsidiaries, was preferential and thus avoidable under 11 U.S.C. § 547 . As we conclude that t…

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