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IN RE GAILEY, INC.

Bankruptcy No. 85-0202, Adv. No. 87-0386.

119 B.R. 504 (1990)

In re GAILEY, INC., Debtor. Joseph J. BERNSTEIN, Trustee, Plaintiff, v. Richard W. GAILEY, Billie J. Gailey, and Universal Labs, Inc., Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

October 1, 1990.

Attorney(s) appearing for the Case

Neil Y. Siegel, Bernstein & Bernstein, P.C., Pittsburgh, Pa., for plaintiff Joseph J. Bernstein, Trustee.

Loraine Smith Tabakin, Tabakin, Carroll & Curtin, Pittsburgh, Pa., for defendant Billie Gailey.

Patrick M. Livingston, Mansmann, Cindrich & Titus, Pittsburgh, Pa., for defendants Richard W. Gailey and Universal Labs, Inc.

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

Before the Court is a complaint instituted by the trustee consisting of six (6) counts in which he seeks to recover the value of several allegedly improper transfers of debtor's property to and by the defendants.

Defendants deny that the trustee is entitled to recover the value of the transfers under any of the legal theories set forth in the complaint.

For reasons set forth below, judgment...

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