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IN RE BRENT EXPLORATIONS, INC.

Bankruptcy No. 82 B 05215 J, Adv. No. 82 C 0050.

31 B.R. 745 (1983)

In re BRENT EXPLORATIONS, INC., Debtor. BRENT EXPLORATIONS, INC., a Colorado corporation, Debtor-in-Possession, Plaintiff, v. KARST ENTERPRISES, INC., a Wyoming corporation, Defendant.

United States Bankruptcy Court, D. Colorado.

June 16, 1983.

Attorney(s) appearing for the Case

Jon B. Clarke, Englewood, Colo., for plaintiff.

Bruce H. DeBoskey, Denver, Colo., for defendant.

ORDER

PATRICIA A. CLARK, Bankruptcy Judge.

Brent Explorations, Inc., (Brent) the debtor-in-possession, brought suit to avoid a lien in favor of Karst Enterprises, Inc., (Karst) under the "strong arm clause" of 11 U.S.C. § 544(a) and to recover certain payments to Karst as preferential under 11 U.S.C. § 547.

Brent is in the business of exploring for and drilling oil and gas wells. Karst was one of its suppliers of pipe. By December, 1981...

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