HEANEY, Senior Circuit Judge.
Paul R. Tyler, trustee for the consolidated bankruptcy estates of Gary Lewellyn and G.V. Lewellyn & Co. (GVL), appeals from the district court's affirmance of the bankruptcy court's finding that a transfer of stock by Lewellyn to Swiss American Securities, Inc. (SASI) was a non-avoidable preference under 11 U.S.C. § 547(c). We affirm.
BACKGROUND
GVL was a securities brokerage firm incorporated in 1980 in Des...
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