[Download] "Marlow V. Rollins Cotton Co." by Sixth Circuit U.S. Court of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Marlow V. Rollins Cotton Co.
- Author : Sixth Circuit U.S. Court of Appeals
- Release Date : January 14, 1998
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
This appeal arises from an involuntary Chapter 11 bankruptcy petition and involves questions of first impression on timeliness of appeals and the meaning of "possession" in U.C.C. § 9-203(1). Jack F. Marlow, trustee in bankruptcy (Trustee) of the Julien Company (Julien), and Bankers Trust Company (Bankers Trust), a creditor of Julien, appeal from a district court order affirming the bankruptcy court. The bankruptcy court held that two pre-petition transfers to Rollins Cotton Company (Rollins) were not avoidable under 11 U.S.C. § 547(b) because Rollins held a perfected secured interest in Julien's uncertificated cotton receipts. Although our jurisdiction is disputed, we conclude we have jurisdiction and affirm in part and vacate and remand in part.