MEMORANDUM
CLIVE W. BARE, Bankruptcy Judge.
I
In these consolidated preference actions, 11 U.S.C.A. § 547 (West 1979), plaintiff is the liquidating trustee of a trust established under the chapter 11 modified plan of reorganization confirmed by the court in the Southern Industrial Banking Corporation ("SIBC") case. Defendants, the former holders of investment certificates sold by SIBC, received full or partial payment from SIBC on their investment...
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