IN RE FIRST AMBULANCE CENTER OF TENNESSEE, INC.

Bankruptcy No. 95-01664-AT3-11, Adv. No. 95-0103A.

182 B.R. 198 (1995)

In re FIRST AMBULANCE CENTER OF TENNESSEE, INC., Debtor. FIRST AMBULANCE CENTER OF TENNESSEE, INC., Plaintiff, v. NATIONSBANK, Defendant.

United States Bankruptcy Court, M.D. Tennessee.

May 3, 1995.


Attorney(s) appearing for the Case

Jeanne C. Schuller, Henry E. Hildebrand, III, William T. Cheek, III, Nashville, TN, for debtor.

James R. Kelley, Marc T. McNamee, Nashville, TN, for defendant.


MEMORANDUM

ALETA ARTHUR TRAUGER, Bankruptcy Judge.

This matter came before the court upon the debtor's Amended Complaint for turnover of property of the estate under § 5431 or, in the alternative, to avoid a preferential transfer under § 547(b) or recover amounts set off under § 553(b)(1). For the reasons set forth below, the court will grant recovery of setoff under § 553(b)(1). The following constitute findings...

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