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IN RE WILD BILLS, INC.

Bankruptcy No. 90-50725, Adv. Pro. No. 94-5099.

206 B.R. 8 (1997)

In re WILD BILLS, INC., Debtor. Richard BELFORD, Trustee, Plaintiff, v. UNION TRUST COMPANY, Brian Goldwitz and David Goldwitz, Defendants.

United States Bankruptcy Court, D. Connecticut.

March 4, 1997.

Attorney(s) appearing for the Case

John R. Scanlon, Virshup, Caplan & Hecht, New Haven, CT, for Plaintiff.

Edwin L. Doernberger, Sklarz, Gallant & Temkin, P.C., New Haven, CT, for Defendants.

MEMORANDUM AND ORDER ON COMPLAINT TO AVOID TRANSFERS

ALAN H.W. SHIFF, Chief Judge.

The Trustee seeks to recover $101,020.84 from Union Trust Bank n/k/a First Union Bank of Connecticut ("Union Trust"), representing the amount by which Union Trust allegedly improved its position in contravention of § 553(b).

BACKGROUND

The relevant facts of this adversary proceeding are substantially undisputed and are set out in the Stipulation of Facts...

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