Gillund v. Minot Builders Supply Ass'n (In Re Lebus-Albrecht Lumber Co.)

MEMORANDUM OPINION

WILLIAM A. HILL, Bankruptcy Judge.

The Plaintiff, Interim Trustee, filed a complaint on September 15, 1982, alleging that the transfer by the Debtor, Lebus-Al-brecht Lumber Co., d/b/a Riverside Lumber Co. (RIVERSIDE), of certain inventory items back to the Defendant, Minot Builders Supply Association (MINOT) was a preference under section 547 of the Code. It is further alleged that Minot’s interest in the inventory, whether by consignment or by security interest, is inferior to the prior perfected security interest of Fargo National Bank & Trust Company (BANK). The Trustee…