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IN RE JANNEL INDUSTRIES, INC.

Bankruptcy No. 97-19858-CJK. Adversary No. 99-1178.

245 B.R. 757 (2000)

In re JANNEL INDUSTRIES, INC., Debtor. Mark G. DeGiacomo, as he is Chapter 7 Trustee of Jannel Industries, Inc., Plaintiff, v. Draper Knitting Co., Inc., Defendant.

United States Bankruptcy Court, D. Massachusetts.

March 7, 2000.

Attorney(s) appearing for the Case

Stephen F. Gordon, Boston, MA, for Draper Knitting Co., Inc.

Thomas S. Vangel, Boston, MA, for Trustee.

MEMORANDUM OF DECISION AND ORDER ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

CAROL J. KENNER, Bankruptcy Judge.

By his complaint in this adversary proceeding, Mark DeGiacomo, as Chapter 7 Trustee of Jannel Industries, Inc., seeks under 11 U.S.C. § 547(b) to avoid and recover fifty-nine allegedly preferential payments, totaling $121,750, that Debtor Jannel Industries made to Defendant Draper Knitting Company...

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