Wells v. Salmo (In re Select One, Inc.)

Trial Opinion Avoiding Transfer And Awarding Money Judgment

PHILLIP J. S.HEFFERLY, Bankruptcy Judge.

Introduction

The debtor once owned and operated a grocery store, then sold it to a related party. Later, the debtor filed for relief under Chapter 7. The trustee filed this adversary proceeding to avoid certain pre-petition transfers made by the debtor. Some of the transfers that the trustee *831seeks to avoid consist of cash transfers made while the debtor was still operating the grocery store. But the main transfer that the trustee seeks to avoid is the sale of the grpcery store itself. In addition…