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IN RE BAGWELL

Bankruptcy No. 680-06277, Adv. No. 680-6302.

29 B.R. 461 (1983)

In re Lonnie Ray BAGWELL, dba P & L Distributors Shake & Cedar Products; L.B. Shake Co.; Little L.B. Mill and Phyllis Lorene Bagwell, Debtors. Paul LANSDOWNE, Trustee, Plaintiff, v. HARBOR SECURITY BANK, Defendant.

United States Bankruptcy Court, D. Oregon.

March 30, 1983.

Attorney(s) appearing for the Case

James Caher, Eugene, Or., for plaintiff.

Gavin Armstrong, Eugene, Or., for defendant.

MEMORANDUM OPINION

C.E. LUCKEY, Bankruptcy Judge.

Plaintiff-trustee seeks to recover payments made by the debtor to Harbor Security Bank (Bank) totalling $71,153.08 as voidable preferences under 11 U.S.C. Section 547. Each party has moved for summary judgment representing that there is no issue as to any material fact.

The record reveals the following facts: The debtor purchased wood shakes from Winslow Shake Company (Winslow). Winslow and the Bank...

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