Case Name: In The Matter of Walter G. BERRY, III, Debtor, Maclean Oddy & Associates, Inc., Appellant, v. Daniel Sherman, Chapter 7 Trustee, Appellee
Court: United States Court of Appeals for the Fifth Circuit
Jurisdiction: United States
Decision Date: 2004-09-27
Citations: 112 F. App'x 951
Docket Number: No. 04-10303
Parties: In The Matter of Walter G. BERRY, III, Debtor, Maclean Oddy & Associates, Inc., Appellant, v. Daniel Sherman, Chapter 7 Trustee, Appellee.
Judges: Before JONES, BARKSDALE and PRADO, Circuit Judges.
Reporter: West's Bankruptcy Reporter
Volume: 320
Pages: 951–952

Head Matter:
In The Matter of Walter G. BERRY, III, Debtor, Maclean Oddy & Associates, Inc., Appellant, v. Daniel Sherman, Chapter 7 Trustee, Appellee.
No. 04-10303.
Summary Calendar.
United States Court of Appeals, Fifth Circuit.
Decided Sept. 27, 2004.
Frank Lewis Broyles, Goins, Underko-fler, Crawford & Langdon, Dallas, TX, for Appellant.
Raymond James Urbanik, Munsch, Hardt, Kopf & Harr, Dallas, TX, for Ap-pellee.
Before JONES, BARKSDALE and PRADO, Circuit Judges.

Opinion:
PER CURIAM:
The United States Bankruptcy Court for the Northern District of Texas granted summary judgment in favor of the debtor upon finding that the debtor's pre-petition payment to Maclean Oddy constituted an avoidable preference because Maclean Oddy was an unsecured creditor at the time the payment was made. The district court affirmed.
On appeal, Maclean Oddy asserts that the pre-petition payment was not an avoidable preference because: (1) it created a security interest by filing a judicial lien, an abstract of judgment, outside of the 90-day preference period; (2) a subsequent escrow agreement continued the security interest created by the abstract of judgment; (3) a new trial order (in the case that spawned the lien) did not void ab initio its security interest because the escrow agreement was executed prior to the entry of the new trial order; and (4) it did not receive more than it would have received had the transfer not occurred. In the alternative, Maclean Oddy argues that its contemporaneous release of the security interest in exchange for the escrow payment pursuant to a settlement agreement entered into with the debtor constituted a contemporaneous exchange for value or new value so as to avoid the transfer.
Maclean Oddy has failed to cite, and we have been unable to find, federal or Texas state authority in support of Maclean Oddy's contentions. Thus, after careful review of the briefs and record, we find no reason to reverse the bankruptcy court's judgment or the district court's affirmance. The judgments of those courts are
AFFIRMED.
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.