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IN RE DAVID CUTLER INDUSTRIES, LTD.

Bankruptcy No. 09-18716 ELF. Adversary No. 11-0792 ELF.

502 B.R. 58 (2013)

In re DAVID CUTLER INDUSTRIES, LTD., Debtor. David Cutler Industries, Ltd., Plaintiff, v. Bank of America, and, Marix Servicing, LLC., Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

November 19, 2013.

Attorney(s) appearing for the Case

Doron A. Henkin , Law Offices of Doron A. Henkin, Radnor, PA, for Plaintiff.

Howard Gershman , Gershman Law Offices, PC, Jenkintown, PA, for Defendant.

OPINION

ERIC L. FRANK, Chief Judge.

I. INTRODUCTION

Plaintiff David Cutler Industries, Ltd. ("DCI"), the chapter 11 liquidating debtor herein, seeks to avoid $155,313.84 in pre-petition transfers it made to Defendants Bank of America and Marix Servicing, LLC.1 DCI made the transfers were made on account of a loan owed by its then-president, Darryl Cutler and secured by a mortgage on his personal residence. In its Amended...

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