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MATTER OF COUTEE

No. 92-4552.

984 F.2d 138 (1993)

In the Matter of Thelton COUTEE and Emogene Coutee, Debtors. SECURITY FIRST NATIONAL BANK, Appellant-Cross-Appellee, v. Brett BRUNSON and Fuhrer Flournoy Hunter & Morton, Appellees-Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

On Petition for Rehearing Denied March 9, 1993.

Attorney(s) appearing for the Case

John W. Munsterman, Gist, Methvin, Hughes & Munsterman, Alexandria, LA, for appellant.

T. Brett Brunson, Luster, Conine & Brunson, Natchitoches, LA, for Brunson.

Leonard Fuhrer, Fuhrer, Flournoy, Hunter & Morton, Alexandria, LA, for Fuhrer.

Before REYNALDO G. GARZA, HIGGINBOTHAM, and DeMOSS, Circuit Judges.

PER CURIAM:

Security First National Bank and the law firm of Fuhrer, Flournoy, Hunter & Morton appeal the decision of the district court holding that payment by chapter 7 debtors of a Security First note unconditionally guaranteed by the law firm was an avoidable preference under § 547 of the Bankruptcy Code, 11 U.S.C. § 101 et seq., recoverable from the bank as the initial transferee under 11 U.S.C. § 550(a)(1), and that the firm's guaranty...

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