United States Seventh Circuit

When considered together as part of one complex transaction, the contingent nature of debtor's asset sale and note purchase, false consideration, the ambiguous valuation of debtor's working capital that resulted in nonpayment, and payment to creditor, preclude summary judgment against trustee seeking to avoid preferential transfers.

Appellate Information

• Argued 01/23/2001
• Decided 07/06/2001
• Published 07/06/2001

Judges

• RIPPLE, Circuit Judge., Before POSNER, EASTERBROOK and RIPPLE, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Cassandra L. Writz (argued), Rothberg, Logan & Warsco, Fort Wayne, IN, for Plaintiff-Appellant.


• For Appellees:
  
• Howard B. Sandler,Edward J. Ormsby (argued), Beckman Lawson, Fort Wayne, IN, for Defendant-Appellee.