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IN RE CALUMET FARM, INC.

Bankruptcy No. 91-1414, Adv. No. 91-5224.

150 B.R. 403 (1992)

In re CALUMET FARM, INC., Debtor. CALUMET FARM, INC., Plaintiff, v. NORTHERN EQUINE THOROUGHBRED PRODUCTIONS, LTD.; Hill N' Dale Farm of Gormley, Ontario, Canada; 724334 Ontario, Ltd., Defendants.

United States Bankruptcy Court, E.D. Kentucky, Lexington Division.

October 20, 1992.

Attorney(s) appearing for the Case

Philip L. Hanrahan, Stites & Harbison, Lexington, KY, for plaintiff.

Stephen M. O'Brien, Landrum & Shouse, Lexington, KY, for Northern Equine Thoroughbred & 724334 Ontario, Ltd.

J. Montjoy Trimble, Lexington, KY, for Hill N' Dale Farm.

MEMORANDUM OPINION

JOE LEE, Chief Judge.

This matter is before the court on the motion of plaintiff, debtor-in-possession Calumet Farm, Inc., for summary judgment avoiding the consensual lien of the defendant, Northern Equine Thoroughbred Productions, Ltd., in the stallion TALINUM as a preferential transfer of property of the estate and preserving the lien for the benefit of the estate. 11 U.S.C. § 547(b); 11 U.S.C. § 551. The plaintiff Calumet...

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