United States Fifth Circuit
IN RE OLYMPIC NATURAL GAS CO., 01-20950
Payments made by bankruptcy debtor were settlement payments made to a forward contract merchant, thus, pursuant to Bankruptcy Code section 546(e), trustee could not seek avoidance of such payments.
Appellate Information
- Decided 06/28/2002
- Published 06/28/2002
Judges
- EMILIO M. GARZA, Circuit Judge:, Before DAVIS, EMILIO M. GARZA and STEWART, Circuit Judges.
Court
- United States Fifth Circuit
Counsel
- For Appellant:
- David James Askanase (argued), Ann dePender Zeigler, Hughes, Watters & Askanase, Houston, TX, for Appellant.
- For Appellees:
- Jonathan I. Blackman (argued), Jonathan J. Gass, Cleary, Gottlieb, Steen & Hamilton, New York City, D. Michael Dalton, Martha McDugald, Jennifer Montgomery Gore, Andrews & Kurth Mayor, Day, Caldwell & Keeton, Houston, TX, for Appellee.