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IN RE WALTERS

Bankruptcy No. SA90-07833 JW. Adv. No. SA92-02109.

163 B.R. 575 (1994)

In re Bill L. WALTERS, Debtor. Richard A. MARSHACK, as Chapter 7 Trustee of the Estate of Bill L. Walters, Plaintiff, v. WELLS FARGO BANK as Trustee under trust dated November 10, 1977, aka Getty Trust, aka Nisa Trust; and Does 1 through 100, inclusive, Defendants.

United States Bankruptcy Court, C.D. California.

January 11, 1994.

Attorney(s) appearing for the Case

Joel S. Miliband, Laurel R. Zaeske and Steven Kraemer of Rus, Miliband, Williams & Smith, Irvine, CA, for plaintiff Richard A. Marshack, Chapter 7 Trustee.

Curt Todd and James P. Gregory of Haligman & Lottner, Englewood, CO, and Robert A. Fisher, Law Offices of Robert A. Fisher, Irvine, CA, for defendants Wells Fargo Bank and Nisa Trust.

MEMORANDUM OF DECISION

JOHN J. WILSON, Bankruptcy Judge.

I. INTRODUCTION

Chapter 7 Trustee Richard A. Marshack ("Trustee") filed an action to avoid and recover preferential transfers totalling approximately $135,000.00 made by BILL L. WALTERS ("Debtor") to WELLS FARGO BANK as Trustee under the Trust dated November 10, 1977, aka GETTY TRUST, aka NISA TRUST ("Defendants"). Trustee contends that each of these transfers constitute voidable preferential...

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