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IN RE BEST PACK SEAFOOD, INC.

Bankruptcy No. 281-00181, Adv. No. 281-0277.

45 B.R. 194 (1984)

In re BEST PACK SEAFOOD, INC., Debtor. Stuart PENNELS, Trustee, Plaintiff, v. Donald BARNES Oxford Bank and Trust, Defendants.

United States Bankruptcy Court, D. Maine.

December 19, 1984.

Attorney(s) appearing for the Case

Daniel Amory, Drummond, Woodsum & Plimpton, Portland, Me., for plaintiff.

Thomas Leahy, Monaghan, Leahy, Hochadel & Libby, Portland, Me., for defendant Oxford Bank.

MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

In this proceeding the trustee seeks to avoid and recover as fraudulent transfers, certain substantial payments made by defendant Barnes to defendant Oxford Bank and Trust. The trustee alleges that Barnes, sole stockholder and director of the debtor, caused funds of the debtor to be paid Oxford in satisfaction of obligations of Barnes, Barnes' wife and another entity controlled by Barnes. In a separate...

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