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IN RE SUMMIT FINANCIAL SERVICES, INC.

Bankruptcy No. 97-11757-WHD. Adversary No. 98-1109.

240 B.R. 105 (1999)

In the Matter of SUMMIT FINANCIAL SERVICES, INC., Debtor. Griffin Howell, III, Trustee, Plaintiff, v. The Bank of Newnan, Defendant.

United States Bankruptcy Court, N.D. Georgia, Newnan Division.

October 5, 1999.

Attorney(s) appearing for the Case

Jacquelyn L. Kneidel, Wood, Odom & Edge, P.A., Newnan, GA, for The Bank of Newnan.

R. Brian Wooldridge, Mann & Wooldridge, Newnan, GA, for Griffin Howell, Trustee.

J. Littleton Glover, Jr., Glover & Davis, Newnan, GA, for First Citizens Bank.

W. Stell Huie, Long Aldridge Norman, LLP, Atlanta, GA, for Georgia Bankers Association.

John T. McGoldrick, Jr., Martin, Snow, Grant & Napier, Macon, GA, for Community Bankers Association.

ORDER

W. HOMER DRAKE, Bankruptcy Judge.

This matter comes before the Court on Motion for Summary Judgment filed by the Defendant, The Bank of Newnan, in an adversary proceeding which the Chapter 7 Trustee commenced to recover allegedly preferential transfers and setoffs. Oral argument was heard on August 11, 1999. The issues involved in this controversy have been briefed by the litigants and three amicus...

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