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IN RE MICRO INNOVATIONS CORP.

No. 98-20592.

185 F.3d 329 (1999)

In The Matter of: MICRO INNOVATIONS CORPORATION, Debtor. Randy W. Williams, Trustee, Appellee, v. Agama Systems, Incorporated, Appellant.

United States Court of Appeals, Fifth Circuit.

August 13, 1999.

Attorney(s) appearing for the Case

William L. Van Fleet, II, Shoss & Associates, Houston, TX, for Appellee.

David Lee Crawford, Phelps Dunbar, Houston, TX, for Appellant.

Before GARWOOD, DUHÉ and BENAVIDES, Circuit Judges.

GARWOOD, Circuit Judge:

Appellant Agama Systems, Inc. (Agama) challenges the decision of the bankruptcy court, subsequently affirmed by the district court, allowing appellee Randy Williams—the trustee for the debtor Micro Innovations Corp. (MIC)—to recover as avoidable preferences $313,292 of payments made by MIC to Agama during the ninety-day period preceding MIC's filing of a petition in bankruptcy. Agama argues that it advanced new value to MIC subsequent...

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