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IN RE QUALITY PLASTICS, INC.

Bankruptcy No. HK 82 1617, Adv. No. 83 0955.

41 B.R. 241 (1984)

In re QUALITY PLASTICS, INC., Debtor. Richard REMES, Trustee/Plaintiff, v. Gary YEOMANS, Defendant.

United States Bankruptcy Court, W.D. Michigan.

June 21, 1984.

Attorney(s) appearing for the Case

David Davidoff, Kalamazoo, Mich., for trustee/plaintiff Richard Remes.

Richard N. LaFlamme, Jackson, Mich., for defendant Gary Yeomans.

OPINION

LAURENCE E. HOWARD, Bankruptcy Judge.

"NEW VALUE" EXCEPTION TO PREFERENCE ACTION

Richard Remes, the trustee herein, commenced this adversary proceeding to avoid alleged preferential transfers under 11 U.S.C. § 547(b) made to Gary A. Yeomans. Mr. Yeomans seeks summary judgment on the defense embodied in 11 U.S.C. § 547(c)(4) that he gave "new value" to or for the benefit of the debtor after the alleged preferential transfers were...

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