IN RE AUTO SPECIALTIES MFG. CO.

Bankruptcy No. SK 88-03095, Adv. Proc. No. 88-0527.

153 B.R. 510 (1993)

In re AUTO SPECIALTIES MANUFACTURING COMPANY, Debtor. James W. BOYD, Trustee, Plaintiff, v. Benjamin G. SACHS and Manufacturers National Bank of Detroit, Defendants.

United States Bankruptcy Court, W.D. Michigan, S.D.

March 31, 1993.


Attorney(s) appearing for the Case

Drew, Cooper & Anding (John E. Anding and Christopher G. Hastings, briefed), Grand Rapids, MI, sp. counsel for plaintiff Trustee.

Gardner, Carton & Douglas (Robert H. Skilton III, argued), Chicago, IL, sp. counsel for plaintiff Trustee.

Varnum, Riddering, Schmidt & Howlett (Jeffrey R. Hughes, argued and briefed), Grand Rapids, MI, for defendant Mfrs. Nat. Bank of Detroit.

Garratt & Evans, P.C. (Mark D. Evans, argued and briefed), Bloomfield Hills, MI, for defendant Benjamin G. Sachs.


OPINION AND ORDER GRANTING MOTIONS TO DISMISS PREFERENCE COUNTS

JO ANN C. STEVENSON, Bankruptcy Judge.

I. Introduction.

The matters now before the court are the motions for summary judgment filed by Defendants Benjamin G. Sachs ("Sachs") and Manufacturers National Bank of Detroit ("Manufacturers" or "Bank") on the respective counts of the complaint in which successor Trustee James W. Boyd ("Trustee") seeks to recover $300,000...

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