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IN RE W.E. TUCKER OIL CO., INC.

Bankruptcy No. ED 84-11M, Adv. No. 84-405M.

55 B.R. 78 (1985)

In re W.E. TUCKER OIL COMPANY, INC., Debtor. W.E. TUCKER OIL COMPANY, INC. and Claude S. Hawkins, Jr., Trustee, Plaintiffs, v. FIRST STATE BANK OF CROSSETT, Portland Bank, Defendant, Intervenor.

United States Bankruptcy Court, W.D. Arkansas, El Dorado Division.

September 5, 1985.

Attorney(s) appearing for the Case

Claude Hawkins, Ashdown, Ark., for plaintiffs.

Richard Griffin, Crossett, Ark., for First State Bank of Crossett.

R.J. Brown, Little Rock, Ark., for E.A. Tucker.

Thomas S. Streetman, Crossett, Ark., for Portland Bank.

MEMORANDUM OPINION

JAMES G. MIXON, Bankruptcy Judge.

The trustee of W.E. Tucker Oil Company, Inc., has filed this action to set aside certain transfers of the debtor's property against First State Bank of Crossett. Portland Bank intervened on behalf of the plaintiff. The trustee asserts that the transfers are fraudulent conveyances under 11 U.S.C. § 548 and preferential transfers under 11 U.S.C. § 547. The trustee alleges that the Bank was an insider...

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