United States Fifth Circuit
GULF CITY SEAFOODS, INC. v. LUDWIG SHRIMP CO., INC., 01-60265
A party claiming that a preferential transfer of funds was made "according to ordinary business terms," must show that the payments in question fall somewhere in the range of payment practices of the relevant industry.
Appellate Information
- Decided 07/11/2002
- Published 07/11/2002
Judges
- E. GRADY JOLLY, Circuit Judge:, Before GARWOOD, JOLLY and DAVIS, Circuit Judges.
Court
- United States Fifth Circuit
Counsel
- For Appellant:
- William S. Boyd, III (argued), William S. Boyd III & Associates, Gulfport, MS, for Appellant.
- For Appellees:
- Harry Benjamin Mullen (argued), Bryan, Nelson, Schroeder, Castigliola & Banahan, Pascagoula, MS, for Appellee.