In Re Emerald Oil Company, Debtor. William C. Sandoz, Trustee in Chapter 11 v. Crain Brothers, Inc.
This text of 694 F.2d 88 (In Re Emerald Oil Company, Debtor. William C. Sandoz, Trustee in Chapter 11 v. Crain Brothers, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fifth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We dismiss this appeal because the judgment appealed from is not final and appeal-able. In this bankruptcy case, the defendant-creditor Crain Brothers, Inc. (Crain) seeks to appeal an interlocutory order: the district court’s reversal of the bankruptcy court’s grant of summary judgment in Crain’s favor. The trustee in bankruptcy of the estate of Crain’s former debtor, Emerald Oil Company (Emerald), had sued Crain for the return to the estate the amount of $50,485.70 in payment for Crain’s services that Emerald alleged was a preferential transfer voidable by the trustee under section 547 of the Bankruptcy Code of 1978,11 U.S.C. § 547. The bankruptcy court entered summary judgment dismissing Emerald’s claim because the transfer was not made within ninety days of the filing of the petition of bankruptcy, a prerequisite to voidability, and fell within the “transfers made in the ordinary course of business exception” to section 547. On Emerald’s appeal, the district court reversed the ruling of the bankruptcy court.
The district court’s reversal is not an appealable “final judgment, order, or decree”, as required by 28 U.S.C. § 1293(a)(b) (1978), see Matter of Kutner, 656 F.2d 1107, 1111 (5th Cir.1981); 28 U.S.C. §§ 1291,1334 (1978), for there was no final determination of the rights of the parties to secure the relief they seek in this suit. Further, there was no section 1292(b), 28 U.S.C. § 1292(b), certification and neither court directed entry of a final judgment by a Fed.R.Civ.P. 54(b) order as to the issues they had decided. The case thus awaits further proceedings in the bankruptcy and district courts before there is an appealable final judgment. Accordingly, we dismiss this appeal of an interlocutory order for lack of jurisdiction.
APPEAL DISMISSED.
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Cite This Page — Counsel Stack
694 F.2d 88, 1982 U.S. App. LEXIS 23150, 9 Bankr. Ct. Dec. (CRR) 1352, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-emerald-oil-company-debtor-william-c-sandoz-trustee-in-chapter-11-ca5-1982.