IN RE WATTS

Bankruptcy No. 680-00250-L, Adv. No. 680-0058.

14 B.R. 879 (1981)

In re James O. WATTS, Jr., Debtor. W. Alan SMITH, Jr., Trustee, Plaintiff, v. The EQUITABLE LIFE ASSURANCE SOCIETY OF the UNITED STATES, Defendant.

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

October 6, 1981.


Attorney(s) appearing for the Case

Bernard C. Baldwin, III, Lynchburg, for trustee/plaintiff.

W. Alan Smith, Jr., pro se.

Richard M. Thomas, Roanoke, Va., for Equitable Life Assur. Society of the U.S.

James O. Watts, Jr., Poplar Forest, Va., debtor.


MEMORANDUM OPINION

H. CLYDE PEARSON, Bankruptcy Judge.

In this adversary proceeding the Trustee seeks to recover certain sums of money from The Equitable Life Assurance Society of the United States ("Equitable") which the Trustee alleges were received as a voidable preference in violation of 11 U.S.C. § 547. The material facts are set forth in a Stipulation of Counsel and are briefly summarized as follows.

The debtor, James O. Watts, Jr., filed...

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