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GARVER FOR ATLAS INDUSTRIES, INC. v. BASSFORD

No. 84-8554 Non-Argument Calendar.

753 F.2d 976 (1985)

Fred W. GARVER, Trustee in Bankruptcy for ATLAS INDUSTRIES, INC. and Ajax-Atlas Manufacturing Corp., Plaintiffs-Appellees, v. N.L. BASSFORD; Orin H. Parker, Jr.; Jesse M. Bassford, Guardian of David D. Bassford, and A Certain 2.38 Acre Tract of Land in Crisp County, Ga., Defendants-Appellants.

United States Court of Appeals, Eleventh Circuit.

February 21, 1985.

Attorney(s) appearing for the Case

John T. McTier, Valdosta, Ga., for defendants-appellants.

Lawrence W. Roberts, Cordele, Ga., Mark A. Center, Indianapolis, Ind., for plaintiffs-appellees.

Before RONEY, FAY and JOHNSON, Circuit Judges.

PER CURIAM:

In this Chapter XI bankruptcy case, the district court held that a bankruptcy trustee may recover the value of goods transferred by a debtor in possession after the petition was filed, even though the transferee had no knowledge that the debtor had filed for bankruptcy, where the transfer was made to satisfy a pre-petition debt and was made without court authority. We affirm.

Atlas Industries and Ajax-Atlas Manufacturing Corp. (Ajax-Atlas), affiliated...

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