Chapter 11 Trustee vs. Dominic Forte, 05-888

Chapter 11 Trustee vs. Dominic Forte, 05-888
Issued November 24, 2009
Judge Eugene R. Wedoff
Summary The Court holds Defendant’s transfer to be preference and grants Trustee’s motion to avoid. Under 547(b), trustees may avoid certain payments to creditors as “preferences;” 550(a) requires creditors to turn over said payments to the bankruptcy estate.

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