MATTER OF B & L COAL CO., INC.

Bankruptcy No. 79-821, Adv. No. 80-93.

20 B.R. 864 (1982)

In the Matter of B & L COAL COMPANY, INC., Debtor. Robert O. LAMPL, Trustee, Plaintiff, v. GENERAL ELECTRIC CREDIT CORPORATION, Defendant.

United States Bankruptcy Court, W.D. Pennsylvania.

June 1, 1982.


Attorney(s) appearing for the Case

Robert O. Lampl, Pittsburgh, Pa., pro se for trustee, plaintiff.

Stephen J. Laidhold and Lampl, Sable & Makoroff, Pittsburgh, Pa., for defendant.


MEMORANDUM AND ORDER ON COMPLAINT TO AVOID ALLEGED PREFERENTIAL TRANSFER

WILLIAM B. WASHABAUGH, Jr., Bankruptcy Judge.

The corporate debtor, B & L Coal Company, was engaged in the business of strip mining coal prior to June 21, 1978 when it purchased four items of heavy equipment from the Beckwith Machinery Company under a security agreement providing for payment of the $905,452.80 purchase money in monthly installments. The security agreement was assigned...

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