MATTER OF SUPERIOR TOY & MFG. CO., INC.

No. 95-2172.

78 F.3d 1169 (1996)

In the Matter of SUPERIOR TOY & MANUFACTURING COMPANY, INCORPORATED, also known as Carter Manufacturing Company, an Illinois Corporation, Debtor. Appeal of Catherine STEEGE, not individually but as Trustee for Superior Toy & Manufacturing Company, Incorporated.

United States Court of Appeals, Seventh Circuit.

Decided March 7, 1996.


Attorney(s) appearing for the Case

Catherine Steege (argued), Frances Gecker, Jenner & Block, Chicago, IL, for Trustee—Appellant.

Douglas Bacon (argued), Carrie L. DeValk, Latham & Watkins, Chicago, IL, for Appellee.

Before WOOD, Jr., ESCHBACH, and DIANE P. WOOD, Circuit Judges.


ESCHBACH, Circuit Judge.

Catherine Steege, acting in her capacity as trustee for chapter 7 bankruptcy petitioner Superior Toy & Manufacturing Company ("Superior Toy"), brought the instant "preference suit" pursuant to 11 U.S.C. § 547(b) to recover payments made to the Playtex Family Products Corporation ("Playtex"). The payments in question were monies due to Playtex under the terms of a licensing agreement with Superior Toy which was assumed by Superior...

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