Grover v. Gulino

OPINION

BEEZER, Circuit Judge:

This appeal raises the question of whether recordation by the transferees of a grant deed to real property within 90 days of the Chapter YII petition filing by the debtors-transferors resulted in a preferential transfer under 11 U.S.C. § 547. The bankruptcy court ruled that, as the sale agreement was concluded prior to the 90 day period, recordation of the deed within that period was not on account of an antecedent debt. The district court affirmed that ruling. We affirm on the different ground that recordation of the deed did not constitute a transfer within the…