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IN RE SIERRA STEEL, INC.

BAP No. NV-88-1005-PMoR, Bankruptcy No. 84-00359, Adv. No. 86-0071.

96 B.R. 275 (1989)

In re SIERRA STEEL, INC., Debtor. SIERRA STEEL, INC., Appellant, v. TOTTEN TUBES, INC., Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided February 6, 1989.

Attorney(s) appearing for the Case

John A. White, White Law Chartered, Reno, Nev., for appellant.

Howard Cunningham, Reno, Nev., for appellee.

Before PERRIS, MOOREMAN and RUSSELL, Bankruptcy Judges.

OPINION

PERRIS, Bankruptcy Judge.

Appellant/debtor-in-possession, Sierra Steel, Inc. ("debtor") filed an adversary proceeding against appellee Totten Tubes, Inc. ("Totten") seeking to recover a transfer under 11 U.S.C. § 547.1 After trial, the bankruptcy court concluded that the transfer could not be avoided under section 547 because the debtor was solvent at the time of the transfer. We affirm.

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