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LEATHERS v. PRIME LEATHER FINISHES CO.

Civ. No. 83-0190 P.

40 B.R. 248 (1984)

Kirstein LEATHERS, et al., Plaintiffs, v. PRIME LEATHER FINISHES CO., Defendant.

United States District Court, D. Maine.

May 29, 1984.

Attorney(s) appearing for the Case

Gregory A. Tselikis, Charles E. Miller, Bernstein, Shur, Sawyer & Nelson, Portland, Me., for plaintiffs.

Ellsworth T. Rundlett, III, Childs, Emerson, Rundlett & Fifield, Portland, Me., Harold M. Frauendorfer, Milwaukee, Wis., for defendant.

OPINION AND ORDER

GENE CARTER, District Judge.

Debtors in the bankruptcy proceeding underlying this action filed petitions under Chapter 11 of the Bankruptcy Code on March 26, 1981. In May the case was converted to Chapter 7 and the Trustee was appointed. In this action the Trustee seeks to recover, as avoidable preferences, payments totalling $123,407.52 made by the debtor to the Defendant, Prime Leather Finishes Co. Defendant argued that the payments were...

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