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IN RE WEDTECH CORP.

Bankruptcy No. 86 B 12366. Adv. No. 92-8472A.

165 B.R. 140 (1994)

In re WEDTECH CORP., Debtor. CEPA CONSULTING, LTD., as Liquidating Trustee, Plaintiff, v. NEW YORK NATIONAL BANK, INC., Defendant.

United States Bankruptcy Court, S.D. New York.

March 16, 1994.

Attorney(s) appearing for the Case

L. May, of Angel & Frankel, P.C., New York City, for CEPA Consulting, Ltd. (CEPA).

G.B. Schwartz, of Hahn & Hessen, New York City, for New York Nat. Bank, Inc. (NYNB).

MEMORANDUM OF DECISION GRANTING DEFENDANT'S MOTION FOR SUMMARY JUDGMENT

FRANCIS G. CONRAD, Bankruptcy Judge.*

Just before the start of jury selection and trial scheduled for January 11, 1994, we granted1 NYNB's renewed motion for summary judgment dismissing CEPA's complaint to avoid preferential transfers aggregating $5,716,000. Our doubts about the viability of CEPA's case were first raised...

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