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
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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)
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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Pursuant to 5th Cir. R. 47.5, the Court has determined that this opinion should not be
published and is not precedent except under the limited circumstances set forth in 5th Cir. R.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
In Re: Micro Innov
Combined Opinion