In Re: Micro Innov

U.S. Court of Appeals for the Fifth Circuit

In Re: Micro Innov

Opinion

United States Court of Appeals Fifth Circuit F I L E D November 20, 2003 IN THE UNITED STATES COURT OF APPEALS FOR THE FIFTH CIRCUIT Charles R. Fulbruge III Clerk __________________________

No. 03-20399

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In the Matter of: MICRO INNOVATIONS CORPORATION

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RANDY WILLIAMS, Appellee,

versus

AGAMA SYSTEMS INC.; AGAMA SYSTEMS TEXAS INC., Appellants.

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Appeal from the United States District Court for the Southern District of Texas (No. H-02-CV-467) ___________________________________________________

Before SMITH, BARKSDALE, and CLEMENT, Circuit Judges.

PER CURIAM*

The district court held that Agama Systems, Inc. (“Agama”) did not have a claim in

bankruptcy against the estate of Micro Innovations Corporation. Agama contends that the district

* Pursuant to 5th Cir. R. 47.5, the Court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in 5th Cir. R. 47.5.4.

1 court erred by concluding that the Bankruptcy Code does not create a claim on behalf of a bad faith

transferee after a trustee recovers the value of the estate’s fraudulent transfer. Agama’s argument

is meritless. Because the Bankruptcy Code does not create such a claim, and because Agama does

not have an enforceable claim based in non-bankruptcy law, we AFFIRM the holding of the district

court.

2

Reference

Status
Unpublished