Floyd v. Option One Mortgage Corp. (In Re Supplement Spot, LLC)

MEMORANDUM OPINION ON TRUSTEE’S COMPLAINT TO RECOVER FRAUDULENT CONVEYANCES

[Adv. Docket No. 1]

JEFF BOHM, Bankruptcy Judge.

I. Introduction

Ben B. Floyd (the Trustee), the Chapter 11 Trustee for the debtor in the above-referenced Chapter 11 case, Supplement Spot, LLC (the Debtor), brought this adversary proceeding to avoid transfers by the Debtor to Option One Mortgage Corporation (Option One or the Defendant) totaling $90,668.08 under 11 U.S.C. § 548(a)(1)(B) and the Texas Business and Commerce Code § 24.006(a). 1 [Adv. Docket No. 1.] The Trustee argues that the transfers to Option One were…