IN RE AJAYEM LUMBER CORP.

Bankruptcy Nos. 88 B 20609-88 B 20612, No. 92 Adv. 5072.

143 B.R. 347 (1992)

In re AJAYEM LUMBER CORP., Ajayem Lumber Midwest Corp., Ajayem Lumber Southeast Corp., Ajayem Lumber Corp. of Tampa, Debtors. Jeffrey L. SAPIR, Trustee, Plaintiff, v. KEENER LUMBER COMPANY, INC., Defendant.

United States Bankruptcy Court, S.D. New York.

July 16, 1992.


Attorney(s) appearing for the Case

Mayer, Brown & Platt, New York City, for trustee.

Stephens, Buderwitz & Baroni, White Plains, N.Y., for Keener Lumber Co., Inc.


DECISION ON MOTION AND CROSS-MOTION FOR SUMMARY JUDGMENT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The defendant, Keener Lumber Co., Inc. ("Keener"), in a preference action brought by the Chapter 7 trustee for Ajayem Lumber Corp., Ajayem Lumber Midwest Corp., Ajayem Lumber Southeast, and Ajayem Lumber Corp. of Tampa (collectively the "debtors"), has moved for summary judgment pursuant to Federal Rule of Civil Procedure 56 as incorporated by Federal Rule of...

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