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IN RE GRAY ELEC. CO.

Bankruptcy No. 93-46788-R. Adv. No. 95-4547-R.

192 B.R. 706 (1996)

In re GRAY ELECTRIC COMPANY, Debtor. Stuart A. GOLD, Trustee of Gray Electric Company, Plaintiff, v. ALBAN TRACTOR CO., INC., and Alban Engine Power, a Division of Alban Tractor Co., Inc., Jointly and Severally, Defendants.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

February 21, 1996.

Attorney(s) appearing for the Case

Lawrence Lichtman, Birmingham, Michigan, for Plaintiff.

Roy Sgroi, Birmingham, Michigan, for Defendants.

OPINION REGARDING MOTIONS FOR SUMMARY JUDGMENT

STEVEN W. RHODES, Chief Judge.

Before the Court are counter-motions for summary judgment in this action to recover preferential transfers under 11 U.S.C. §§ 547 and 549. At the heart of the dispute is whether the transfers involved "an interest of the debtor in property."

I. Facts

The debtor, Gray Electric Company, was a subcontractor on three construction contracts between...

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