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United States Seventh Circuit


In re: Globe Building Materials, Inc., 05-4749

In a suit by a bankruptcy trustee to recover payments made to a company producing specialized equipment for a bankrupt roofing materials manufacturer during the bankrupt company's preferential period, judgment for the trustee is affirmed where the equipment-manufacturer's delivery of certain components of the equipment line during the preference period was not enough to entitle it to the benefit of the new value exception.

Appellate Information

  • Decided 05/04/2007
  • Published 05/04/2007

Judges

  • WOOD, Circuit Judge., Before RIPPLE, MANION, and WOOD, Circuit Judges.

Court

  • United States Seventh Circuit

Counsel

  • For Appellant:
  • William J. Barrette (argued), Barack, Ferrazzano, Kirschbaum, Perlman & Nagelberg, Chicago, IL, for Appellant., Janice A. Alwin, Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, Chicago, IL, for Debtor.

  • For Appellees:
  • Peter J. Roberts (argued), Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, Chicago, IL, for Appellee.
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