Ragsdale v. Bank South, N.A. (In Re Whitacre Sunbelt, Inc.)

ORDER

JOYCE BIHARY, Bankruptcy Judge.

This adversary proceeding was brought by two plaintiffs, both of whom are trustees in the pending Chapter 7 cases of two affiliated debtor corporations. Plaintiff John W. Rags-dale, Jr., is the trustee of Whitacre Sunbelt, Inc. (“Whitacre Sunbelt”), and Plaintiff Morton P. Levine is the trustee of Whitacre International, Inc. (“Whitacre International”). Both plaintiffs seek to set aside a transfer of $335,700.00 and to recover that amount from Defendants Bank South, N.A. (“Bank South”) and Mark C. Pope, III (“Mr. Pope”). The funds transferred flowed from…