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CISSELL v. FIRST NAT. BANK OF CINCINNATI

No. 7886.

476 F.Supp. 474 (1979)

James CISSELL, Trustee, Plaintiff, v. The FIRST NATIONAL BANK OF CINCINNATI, Defendant.

United States District Court, S. D. Ohio, W. D.

April 9, 1979.

Attorney(s) appearing for the Case

Robert R. Lavercombe, Cincinnati, Ohio, for plaintiff.

A. Arthur Speigel, Cincinnati, Ohio, for defendant; William McD. Kite, Cincinnati, Ohio, of counsel.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

DAVID S. PORTER, Chief Judge.

This is an action by the Trustee in Bankruptcy for World Academy, Inc. (World), and its subsidiaries to recover certain payments made between March 13, 1970 and July 1, 1970 by World to the First National Bank of Cincinnati (Bank). It is contended that these payments (totaling $518,143.65) are voidable preferences within the meaning of § 60(a) and (b) of the Bankruptcy Act, 11 U.S...

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