Nos. 89-2068, 89-2069.

906 F.2d 942 (1990)

In re KUMAR BAVISHI & ASSOCIATES. (Two Cases) Frederick L. REIGLE, Esq., Trustee for Kumar Bavishi & Associates, Appellant, v. S.S. MAHAJAN, Appellee. Frederick L. REIGLE, Esq., Trustee for Kumar Bavishi & Associates, Appellant, v. R.K. MAHAJAN, Patel Manjula, S.S. Mahajan, Appellees.

United States Court of Appeals, Third Circuit.

Decided June 26, 1990.

Rehearing and Rehearing Denied July 26, 1990.

Attorney(s) appearing for the Case

Kenneth F. Carobus (argued), Morris & Adelman, P.C., Philadelphia, Pa., for appellant Frederick Reigle, Trustee for the Bankruptcy Estate of Kumar Bavishi & Assoc.

Mark G. Yoder (argued), Bingaman, Hess, Coblentz & Bell, Reading, Pa., for appellees R.K. Mahajan and S.S. Mahajan.

Before COWEN, NYGAARD, and ALDISERT, Circuit Judges.

Rehearing and Rehearing In Banc Denied July 26, 1990.


ALDISERT, Circuit Judge.

In these consolidated appeals from the district court's judgment that affirmed appeals from the bankruptcy court, we must decide if the appellant, who is the trustee of Kumar Bavishi & Associates, debtor, could properly set aside alleged preferential transfers to R.K. Mahajan and S.S. Mahajan, appellees...

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