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IN RE INTERBULK, LTD.

Bankruptcy No. 97-44202 (TLB). Adversary No. 98-8468A.

240 B.R. 195 (1999)

In re INTERBULK, LTD., Debtor. Interbulk, Ltd., Plaintiff, v. Louis Dreyfus Corp., Defendant.

United States Bankruptcy Court, S.D. New York.

October 22, 1999.

Attorney(s) appearing for the Case

Haight, Gardner, Holland & Knight by Jon Y. Arnason, D. Farrington Yates, New York City, for Interbulk, Ltd.

Seward & Kissel by Bruce G. Paulsen, New York City, for Louis Dreyfus Corporation.

DECISION DENYING MOTION BY LOUIS DREYFUS CORPORATION FOR SUMMARY JUDGMENT DECLARING NON-AVOIDABILITY OF CERTAIN PRE-PETITION TRANSFERS

TINA L. BROZMAN, Chief Judge.

INTRODUCTION

The Bankruptcy Code (the "Code") provides a trustee1 with many powers, among them the power under section 547(b) to avoid prepetition transfers if certain conditions are met. Not all facially qualifying transfers may be...

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