Waldschmidt v. Gilly (In Re IMI, Inc.)

MEMORANDUM DECISION AND ORDER

CHARLES N. CLEVERT, Bankruptcy Judge.

The bankruptcy trustee of IMI, Inc. has asked the court to grant him summary judgment on his complaint against George Gilly and Melva Lorenz, the former officers and directors of the debtor corporation. In support of his motion, the trustee has submitted his affidavit, a transcript of the defendants’ testimony during the debtor’s Section 341 meeting, and several exhibits. The defendants have chosen not to respond to the motion.

The trustee seeks to recover corporate funds as follows: $6,000.00 paid to Lorenz on November 12,…