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IN RE BLEVINS ELEC., INC.

Bankruptcy No. 94-21188. Adv. No. 94-2130.

185 B.R. 250 (1995)

In re BLEVINS ELECTRIC, INC., Debtor. BLEVINS ELECTRIC, INC., Plaintiff, and United States Fidelity & Guaranty Co., Intervenor, v. FIRST AMERICAN NATIONAL BANK, Defendant.

United States Bankruptcy Court, E.D. Tennessee.

August 2, 1995.

Attorney(s) appearing for the Case

Fred M. Leonard, Bristol, TN, for Blevins Elec., Inc.

Hunter, Smith & Davis, William C. Argabrite, Mark S. Dessauer, Kingsport, TN, for First American Nat. Bank.

Manier, Herod, Hollabaugh & Smith, John M. Gillum, John H. Rowland, Nashville, TN, for U.S. Fidelity & Guar. Co.

MEMORANDUM

MARCIA PHILLIPS PARSONS, Bankruptcy Judge.

This is an action by the debtor in possession, Blevins Electric, Inc. ("Blevins"), pursuant to 11 U.S.C. §§ 547 and 550, for the avoidance and recovery of certain alleged preferential transfers made by Blevins to the defendant, First American National Bank ("First American"), within the one year preceding the filing of Blevins' chapter 11 petition. This adversary proceeding is presently...

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