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IN RE EDWARD M. JOHNSON AND ASSOCIATES, INC.

No. 86-6253.

845 F.2d 1395 (1988)

In re EDWARD M. JOHNSON AND ASSOCIATES, INC., Debtor. John P. NEWTON, Jr., Trustee, Plaintiff-Appellant, v. Edward M. JOHNSON, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided May 4, 1988.

Rehearing Denied July 19, 1988.

Attorney(s) appearing for the Case

W. Morris Kizer, argued, Knoxville, Tenn., for plaintiff-appellant.

John W. Eilers, Jr., argued, Cincinnati, Ohio, for defendant-appellee.

Before LIVELY, and WELLFORD, Circuit Judges, and BROWN, Senior Circuit Judge.

BAILEY BROWN, Senior Circuit Judge.

Plaintiff-Appellant John P. Newton, Jr.,1 Trustee for debtor Edward M. Johnson & Associates, Inc. ("J & A"), appeals the order of the district court reducing the amount awarded to the Trustee by the bankruptcy court in a proceeding brought by the Trustee against Edward M. Johnson ("Johnson") under a contract in which Johnson, shortly prior to bankruptcy...

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