· 6/24/1981
Centennial Industries, Inc. v. NCR Corp. (In Re Centennial Industries, Inc.)
Citations
- 12 B.R. 99
- 24 Collier Bankr. Cas. 2d 356
- 1981 Bankr. LEXIS 3493
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- reasoning that recovery would benefit the estate even where payments to unsecured creditors were fixed because it would increase the likelihood of creditors receiving their future payments
- recovery sufficient so long as unsecured creditors received some benefit from the recovery of the preferences, even if it was not an increase in the amount they would receive
Source: CourtListener parenthetical corpus (CC0).
Judges: John J. Galgay
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.