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  5. 178 B.R. 480 (1995)
 

IN RE ADVENT MANAGEMENT CORP.

BAP No. CC-94-1413-HMeV. Bankruptcy No. LA-89-03782-JD/KM. Adv. No. LA-91-61036-KM.

178 B.R. 480 (1995)

In re ADVENT MANAGEMENT CORPORATION, a California corporation, Debtor. TAYLOR ASSOCIATES, Appellant, v. Lawrence A. DIAMANT, Chapter 7 Trustee, and United States Trustee, Appellees.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided February 16, 1995.

Attorney(s) appearing for the Case

Neil J. Rubenstein, San Francisco, CA, for appellant.

Gregg D. Lundberg, Irving M. Gross, Los Angeles, CA, for appellees.

Before HAGAN, MEYERS and VOLINN, Bankruptcy Judges.

OPINION

HAGAN, Bankruptcy Judge:

Lawrence Diamant ("trustee") is the Chapter 7 trustee for the debtor, Advent Management Corporation ("Advent"). The trustee commenced an action against Taylor Associates ("Taylor") to recover sums alleged to be either avoidable preferences under section 547,1 or fraudulent transfers under section 548. The bankruptcy court granted partial summary judgment to the trustee, holding, inter...

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