McDonald v. Little Limestone, Inc. (In re Powers Lake Construction Co.)

MEMORANDUM DECISION ON PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT

SUSAN Y. KELLEY, Bankruptcy Judge.

On March 10, 2010, Powers Lake Construction Co. (the “Debtor”) filed a petition under Chapter 11 of the Bankruptcy Code. The Chapter 11 reorganization did not succeed, and on December 16, 2010, the Debt- or’s case was converted to Chapter 7. Steven McDonald is the duly appointed and acting Chapter 7 Trustee. On March 9, 2012, the Trustee filed this adversary proceeding against Little Limestone, Inc. (the “Creditor”) to recover a preferential transfer in the amount of $10,919.42 (the “Transfer”).…