IN RE FIBSA FORWARDING, INC.

No. Civ.A.-L-99-43.

244 B.R. 94 (1999)

In re FIBSA FORWARDING, INC.

United States District Court, S.D. Texas, Laredo Division.

September 15, 1999.


MEMORANDUM AND ORDER

ELLISON, District Judge.

This is an appeal from the Bankruptcy Court's grant of plaintiff/appellee's motion for summary judgment. Both parties agree that the only issue on appeal is whether 11 U.S.C. § 547 can be invoked to avoid as a preference the foreclosure sale initiated by appellee's predecessor in title.

The parties further agree that, in determining whether the foreclosure sale constituted a preference, the only...

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