MEMORANDUM
RALPH H. KELLEY, Chief Judge.
The question before the court is whether the trustee in bankruptcy in the case of C-L Cartage Company can recover payments it made to the defendant, City Bank, within a year before bankruptcy. The trustee contends that the payments are recoverable as preferential or fraudulent transfers.
The debtor, C-L Cartage Company, was a corporation. At all the relevant times, its president was Carlos Foster. C-L Cartage...
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