IN RE RICHMOND PRODUCE CO., INC.

Bankruptcy No. 4-89-00513 N3, Adv. Nos. 4-90-0052 AT, 91-4618 AJ; 91-4664 AN.

151 B.R. 1012 (1993)

In re RICHMOND PRODUCE COMPANY, INC., Debtor. John T. KENDALL, Plaintiff, v. Donald SORANI, the Estate of Patricia Sorani, Bank of California, et al., Defendants.

United States Bankruptcy Court, N.D. California.

March 22, 1993.


Attorney(s) appearing for the Case

Irving J. Kornfield, Kornfield, Paul & Bupp, Oakland, CA, T. Scott Tate, Bronson, Bronson & McKinnon, Santa Rosa, CA, for plaintiff Kendall.

Peter Ferris, Lempres & Wulfsberg, Oakland, for defendants & cross-defendants Donald Sorani and Estate of Patricia Sorani.

William J.A. Weir, Murphy, Weir & Butler, San Francisco, CA, for defendant Bank of California.

Douglas Drayton, Thelen, Marrin, Johnson & Bridges, San Francisco, CA, for defendant Mechanics Bank.


MEMORANDUM OF DECISION

LESLIE TCHAIKOVSKY, Bankruptcy Judge.

In this adversary proceeding, the plaintiff John Kendall (the "Trustee"), the trustee of the above-captioned chapter 11 estate, seeks judgment against defendant Bank of California, N.A. ("BanCal") in the principal amount of $1.5 million as the recipient of a constructively fraudulent transfer in connection with a leveraged buyout. For the reasons stated...

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