Thomas v. J.P.S. Associates (In Re Majesto Electro Industries, Ltd.)

OPINION AND ORDER

THOMAS C. GIBBONS, Bankruptcy Judge:

The Trustee commenced this proceeding seeking to avoid and recover from defendant, J.P.S. Associates, post-bankruptcy payments made by debtor or one of its subsidiaries in order to satisfy a pre-bankruptcy indebtedness. Thereafter, defendant filed a Motion to Dismiss plaintiffs complaint pursuant to § 549(d) of the Bankruptcy Code. For the reasons provided herein, we grant defendant’s requested relief.

FINDINGS OF FACT

After reviewing the documents submitted by both parties, we make the following findings of fact. 1

1.Debtor, Majesto Electro…