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IN RE DEARBORN BANCORP, INC.

Case No. 13-44665 Adv. Pro. No. 13-5094, Adv. Pro. No. 13-5095.

583 B.R. 395 (2018)

IN RE: DEARBORN BANCORP, INC., Debtor. Fred J. Dery, Trustee, Plaintiff, v. Jeffrey Karafa, Defendant. Fred J. Dery, Trustee, Plaintiff, v. Michael J. Ross, Defendant.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

Signed April 20, 2018.

Attorney(s) appearing for the Case

Paul R. Hage , Louis P. Rochkind , Jaffe Raitt Heuer & Weiss, P.C., Southfield, MI, for Plaintiff.

Howard S. Sher , Debra Beth Pevos , Jacob & Weingarten, P.C., Troy, MI, for Defendants.

TRIAL OPINION

I. Introduction

Each of the above-captioned adversary proceedings is a preference action arising out of the Chapter 7 bankruptcy case of Dearborn Bancorp, Inc. The Plaintiff Chapter 7 Trustee seeks to avoid pre-petition transfers the Debtor made to Defendant Jeffrey...

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