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IN RE OCEAN LINE OF NORTH FLORIDA

Bankruptcy No. 90-1778-BKC-3P7, Adv. No. 90-248.

137 B.R. 540 (1992)

In re OCEAN LINE OF NORTH FLORIDA, Debtor. Valerie Hall MANUEL, Trustee, Plaintiff, v. TWENTY GRAND OFFSHORE, INC., Defendant.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

February 25, 1992.

Attorney(s) appearing for the Case

Ronald Bergwerk, Jacksonville, Fla., for plaintiff.

James J. Taylor, Jr., Jacksonville, Fla., for defendant.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GEORGE L. PROCTOR, Bankruptcy Judge.

Plaintiff, Valerie Hall Manuel, as trustee of the estate of Ocean Line of North Florida, filed a complaint against defendant Twenty Grand Marine Services, Inc.1 ("Twenty Grand") seeking to avoid a transfer under 11 U.S.C.A. § 548(a)(2).2 A trial was held on October 23 and 28, 1991, and, upon the evidence presented, the...

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