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IN RE VALLEY STEEL CORP.

Bankruptcy No. 7-88-01453. Adv. No. 7-93-00191A.

182 B.R. 728 (1995)

In re VALLEY STEEL CORPORATION, Debtor. Donald W. HUFFMAN, Trustee, Plaintiff, v. NEW JERSEY STEEL CORPORATION, Defendant.

United States Bankruptcy Court, W.D. Virginia, Roanoke Division.

June 7, 1995.

Attorney(s) appearing for the Case

Howard J. Beck, Roanoke, VA, for trustee.

Susan Rhiel, Columbus, OH, for New Jersey Steel Corp.

DECISION AND ORDER

ROSS W. KRUMM, Chief Judge.

This adversary proceeding involves two steel companies, Valley Steel, (herein "Valley") the Debtor in Chapter 7, and New Jersey Steel, (herein "NJS") a creditor of Valley and the transferee of payments on account of an antecedent debt owed by Valley. The Trustee filed this adversary proceeding alleging that Valley made preferential payments to NJS in violation of 11 U.S.C. § 547(b),1<...

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