W. EUGENE DAVIS, Circuit Judge:
Chapter 11 debtor Southmark Corporation ("Southmark") appeals the dismissal of its preference action against First Nationwide Bank ("FNB") and Southmark Personal Storage, Inc. ("SPS"). Southmark seeks to recover money it paid to FNB on a guaranty of a loan FNB made to Southmark's subsidiary SPS. Southmark made its payment to
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