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IN RE PHILLIPS GROUP, INC.

Bankruptcy No. 05-23166 BM, Adversary No. 05-3051 BM.

382 B.R. 876 (2008)

In re PHILLIPS GROUP, INC. d/b/a La Recette on the Rivers Edge, Debtor. Natalie Lutz Cardiello, Trustee, Plaintiff v. Philip Casale and Lorraine Casale, and Turain Enterprises, Inc., Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

February 22, 2008.

Attorney(s) appearing for the Case

Richard A. Finberg, Esquire, for Plaintiff.

Richard R. Tarantine, Esquire, for Defendants.

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

The chapter 7 trustee seeks to limit the secured claim of defendants Philip Casale and Lorraine Casale to the amount of a judgment they obtained in a foreclosure action against property debtor Phillips Group, Inc. owned. Alternatively, the chapter 7 trustee seeks in accordance with the Pennsylvania Uniform Fraudulent Transfer Act ("PUFTA") to avoid a...

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