1. Home
  2. Browse Decisions
  3. F.2d
  4. 469 F.2d
  5. 469 F.2d 396 (1972)
 

IN RE WALLACE LINCOLN-MERCURY COMPANY, INC.

No. 71-2700.

469 F.2d 396 (1972)

In the Matter of WALLACE LINCOLN-MERCURY COMPANY, INC., Bankrupt, Ford Motor Credit Company, Appellant, v. Herschel A. GENTRY, Trustee, et al., Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearings Denied December 11, 1972.

Attorney(s) appearing for the Case

William F. Pipes, Jr., Monroe, La., George V. Burbach, Dearborn, Mich., Peter A. Feringa, Jr., New Orleans, La., for appellant.

Fred W. Jones, Jr., Kenneth W. Campbell, Ruston, La., for bankrupt.

James A. Hobbs, West Monroe, La., for Trustee.

A. K. Goff, Jr., Ruston, La., for Ruston Bank.

Ragan D. Madden, Dist. Atty., Ruston, La., for Mrs. Heard.

Before GEWIN, AINSWORTH and SIMPSON, Circuit Judges.

AINSWORTH, Circuit Judge:

In this bankruptcy proceeding, we must determine the rights of creditors, one of whom claims a preference. In a complex series of transactions, Wallace Lincoln-Mercury Company purchased automobiles from Ford Motor Company (Ford) using credit extended by Ford Motor Credit Company (FMCC). When Wallace filed a debtor's petition in bankruptcy, the general creditors challenged FMCC's claim of preference to the 65 automobiles in Wallace's possession...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases