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IN RE NORTHEASTERN CONTRACTING CO.

Bankruptcy No. 93-21878. Adversary No 95-2154.

200 B.R. 760 (1996)

In re NORTHEASTERN CONTRACTING CO., Debtor. John J. O'NEIL, Jr., Trustee, Plaintiff, v. ORIX CREDIT ALLIANCE, INC., Salvatore J. Marino, Sr., and Salvatore J. Marino, Jr., Defendants.

United States Bankruptcy Court, District of Connecticut.

August 23, 1996.

Attorney(s) appearing for the Case

George M. Purtill, Purtill, Purtill & Pfeffer, Glen Lochen, Glastonbury, CT, for Trustee-Plaintiff.

G. Eric Brunstad, Jr., Hebb & Gitlin, P.C., Hartford, CT, for Orix Credit Alliance, Inc., Defendant.

Darcy McGraw, Zeisler & Zeisler, P.C., Bridgeport, CT, for Salvatore J. Marino, Sr., Defendant.

Robert G. Wetmore, Wallingford, CT, for Salvatore J. Marino, Jr., Defendant.

MEMORANDUM OF DECISION

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I.

John J. O'Neil, Jr., Trustee of the Chapter 7 Estate of Northeastern Contracting Co. (the "Debtor"), on June 2, 1995, brought a complaint pursuant to 11 U.S.C. § 547(b)1 to set aside and recover as preferential two payments which the Debtor made to the defendant, Orix Credit Alliance, Inc. ("Orix") on a debt guaranteed by defendants, Salvatore...

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