Nickless v. International Golf Club, LLC (In Re Prime Mortgage Financial, Inc.)

MEMORANDUM OF DECISION

MELVIN S. HOFFMAN, Bankruptcy Judge.

This adversary proceeding involves a dispute between plaintiff, who is the Chapter 7 trustee of the estate of the debtor in the main case, Prime Mortgage Financial, Inc. (the “Debtor”), and defendant, Prime Financial, Inc. (“PFI”), an affiliate of the Debtor. The dispute is over the rights to a refund of $62,500 from co-defendant, International Golf Club LLC (“The International”) arising from the cancellation of a country club membership.

This matter was tried before me on June 23, 2010. Prior to trial The International was dismissed as…