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IN RE COLONIAL SERVICES COMPANY

No. 72-1734.

480 F.2d 747 (1973)

In the Matter of COLONIAL SERVICES COMPANY, a corporation, Bankrupt. Gordon L. WEBER, Appellant, v. J. J. MICKELSON, Trustee in Bankruptcy of Colonial Services Company, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided June 20, 1973.

Attorney(s) appearing for the Case

James L. Wahlfors, Minneapolis, Minn., for appellant.

Hyman Edelman, Minneapolis, Minn., on brief for appellee.

Before MATTHES, Chief Judge, and MEHAFFY and STEPHENSON, Circuit Judges.

MATTHES, Chief Judge.

This is the appeal of a creditor, Gordon L. Weber, who was a vice-president of the bankrupt, Colonial Services Co., from a judgment of the District Court sustaining an order of the referee in bankruptcy that the creditor surrender to the trustee a preferential payment in the amount of $10,497.86, and that the creditor's claim against the bankrupt for $4,733.33 be unrecoverable pursuant to 11 U.S.C. ...

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