MEMORANDUM AND DECISION
EDWARD D. HAYES, Bankruptcy Judge.
This is a motion and cross-motion for Summary Judgement to void a preferential transfer of $2,912.00 from debtor to subcontractor, Grisofe Electric Corporation. The issue is whether the trustee of a bankrupt contractor may recover as a preference monies paid to a subcontractor, the beneficiary of a statutory trust, under the Lien law of New York.
The parties have stipulated to the facts....
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