Chambers v. Pickard (In Re Wayne)

ORDER GRANTING TRUSTEE’S CROSS-MOTION FOR SUMMARY JUDGMENT AND DENYING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT

KAREN S. JENNEMANN, Bankruptcy Judge.

This adversary proceeding came on for hearing on May 20,1999, on the Motion by Defendants for Summary Judgment (Doc. No. 5) and the Cross-Motion for Summary Judgment (Doc. No. 12) filed by the Plaintiff, the Chapter 7 trustee, Gene T. Chambers (the “Trustee”). In Count II of the Trustee’s Complaint, the Trustee asserts that the Defendants, Alfred and Bonni-Belle Pickard (the “Defendants”), received a preferential transfer which is subject to…