McClendon v. Cal-Wood Door (In Re Wadsworth Building Components, Inc.)

MEMORANDUM DECISION

M. S. YOUNG, Bankruptcy Judge.

By this action trustee seeks to recover as a preference, payment made by debtor to defendant within ninety (90) days of the commencement of the bankruptcy proceeding against debtor.

The facts have been stipulated by trustee and defendant to be as follows:

1. That for several years prior to the filing of the bankruptcy petition for the Debtor herein, the Defendant regularly sold and delivered to the Debtor goods and materials constituting inventory items, all of said sales being made by the Defendant to the Debtor on open account.

2. During the…