Sherwood Partners, Inc. v. Lycos, Inc.

Good Law
394 F.3d 1198·2005 WL 74090·44 Bankr. Ct. Dec. (CRR) 24·53 Collier Bankr. Cas. 2d 743·2005 U.S. App. LEXIS 490
United States Court of Appeals for the Ninth CircuitJanuary 12, 200503-55247California5,371 words

Opinion

Opinion

394 F.3d 1198 SHERWOOD PARTNERS, INC., Assignee for the Benefit of Creditors of International Thinklink Corporation, Plaintiff-counter-defendant-Appellee, v. LYCOS, INC., a Delaware Corporation aka Delaware Lycos, Inc., Defendant-counter-claimant-Appellant. No. 03-55247. United States Court of Appeals, Ninth Circuit. Argued and Submitted June 8, 2004. Filed January 12, 2005. James S. Monroe and Walter T. Johnson, Nixon Peabody LLP, San Francisco, CA, for the defendant-appellant. Irving Sulmeyer and Janis G. Abrams, SulmeyerKupetz, Los Angeles, CA, for the plaintiff-appellee. Appeal from the United States District Court for the Central District of California; Gary A. Feess, District Judge, Presiding. D.C. No. CV-01-05403-GAF. Before D.W. NELSON, Senior Circuit Judge, KOZINSKI and GRABER, Circuit Judges. Opinion by Judge Kozinski; Dissent by Judge D.W. Nelson KOZINSKI, Circuit Judge. 1 We consider whether the Bankruptcy Code preempts a state statute that gives an assignee selected by the debtor the power to void preferential transfers that could not be voided by an unsecured creditor. Facts 2 Thinklink Corp., a unified messaging service provider, entered into an agreement with…

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