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IN RE WESTERN WORLD FUNDING, INC.

Bankruptcy Nos. 82-477, 82-508, 82-517, 82-507 and 82-478, Adv. No. 84-44.

54 B.R. 470 (1985)

In re WESTERN WORLD FUNDING, INC., Debtor. In re LEASCO FINANCIAL CORPORATION, Debtor. In re UNITED SECURITY SYSTEMS, INC., Debtor. In re UNITED EMERGENCY SERVICES, INC., Debtor. In re UNITED SECURITY SYSTEMS LEASING, INC., Debtor. Timothy J. HENDERSON, Trustee, Plaintiff, v. Lee M. ALLRED, et al., Defendants.

United States Bankruptcy Court, D. Nevada.

October 29, 1985.

Attorney(s) appearing for the Case

Edward Bernard, Carson City, Nev., Terrill R. Dory, Reno, Nev., Paul W. Freitag, Sparks, Nev., H. Rodlin Goff, Reno, Nev., Rebecca A. Harold, Fernley, Nev., Charles M. Kilpatrick, Carson City, Nev., William M. O'Mara, Frank W. Thompson, F. Harvey Whittemore, Reno, Nev., for defendants.

Lee S. Molof, Reno, Nev., for plaintiff.

MEMORANDUM DECISION

ROBERT CLIVE JONES, Bankruptcy Judge.

This adversary proceeding was commenced on April 2, 1984 with the filing of a Complaint whereby the Trustee sought to avoid preferential transfers of over $800,000 made to several hundred "investors" in Western World Funding (WWF) and United Security Systems Leasing (USSL). These debtors filed for protection under Chapter 11 of the Bankruptcy Code1 on June 16, 1982, and...

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