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IN RE WATHEN'S ELEVATORS, INC.

Bankruptcy No. 48200196, Adv. No. 4830062.

37 B.R. 870 (1984)

In re WATHEN'S ELEVATORS, INC., Debtor. Henry H. DICKINSON, Plaintiff, v. Thomas MEREDITH, Defendant.

United States Bankruptcy Court, W.D. Kentucky.

March 8, 1984.

Attorney(s) appearing for the Case

Henry H. Dickinson, Glasgow, Ky., Trustee for the Estate of Wathen's Elevators, Inc.

Ronald J. Bamberger, Owensboro, Ky., for trustee.

William Stephen Reisz, Louisville, Ky., for defendant.

Sandra D. Freeburger, Sebree, Ky., amicus curiae.

MEMORANDUM OPINION

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

This is a prototype preference action arising in the aftermath of the collapse of Wathen's Elevators, Inc., which filed for reorganization under Chapter 11 on May 12, 1982. Although we deal with a payment made February 23, 1982, to a single farmer, we necessarily fashion a rule of law that may control the disposition of payments made to several farmers just prior to the bankruptcy.

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