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142 F.3d 571
In re: VOGEL VAN & STORAGE, INC., Debtor.
William M. McCARTHY, Esq., as Trustee for the Estate of
Vogel Van & Storage, Inc. Plaintiff-Appellant-Cross-Appellee,
v.
NAVISTAR FINANCIAL CORPORATION, formerly known as
International Harvester Credit Corp., and
Navistar, Inc., formerly known as
International Harvester Company,
Defendants-Appellees-
Cross-Appellants.Nos. 97-5055, 97-5057.
United States Court of Appeals,
Second Circuit.Argued Feb. 24, 1998.
Decided April 27, 1998.Richard L. Weisz, Hodson, Russ, Andrews, Woods & Goodyear, Albany, NY, for Appellants.
Murray S. Brower, Catone & Brower, Albany, NY, for Appellee.
Before: WINTER, Chief Judge, PARKER, Circuit Judge, and SCHWARZER, District Judge.*
PER CURIAM:
1William M. McCarthy, trustee for the estate of Vogel Van & Storage, Inc. ("Vogel Van"), appeals from a judgment of the United States District Court for the Northern District of New York, affirming the bankruptcy court's conclusion that a payment by Vogel Van to appellees was made in the ordinary course of business for purposes of 11 U.S.C. § 547(c)(2) and was therefore not avoidable as a preferential transfer pursuant to Section 547(b). We affirm for substantially the reasons stated in Judge Scullin's opinion. In re Vogel Van & Storage, Inc., 210 B.R. 27, 34-37 (N.D.N.Y.1997).
2Because we agree with Judge Scullin that Vogel Van's payment was made in the ordinary course of business, we do not reach appellees' assertion on cross-appeal that Key Bank, a creditor of Vogel Van, was not entitled under 11 U.S.C. § 547(b) to pursue, on behalf of the bankruptcy estate, the appeal from the bankruptcy court's judgment.
3We therefore affirm.
*The Honorable William W. Schwarzer, of the United States District Court for the Northern District of California, sitting by designation
Document Info
Docket Number: 97-5055
Citation Numbers: 142 F.3d 571
Filed Date: 4/27/1998
Precedential Status: Precedential
Modified Date: 3/3/2016