Duvoisin v. Kennerly, Montgomery, Howard & Finley (In re Southern Industrial Banking Corp.)

SUPPLEMENTAL MEMORANDUM OPINION

STEVEN W. RHODES, Bankruptcy Judge.

This adversary proceeding is before the Court for decision following trial. This decision constitutes the Court’s findings of fact and conclusions of law pursuant to Rule 7052 of the Bankruptcy Rules and Rule 52 of the Federal Rules of Civil Procedure.1

I

In this adversary proceeding, the plaintiff seeks to recover a fraudulent conveyance in the amount of $10,414,000 pursuant to 11 U.S.C. §§ 548 and 550. The plaintiff also seeks to recover a preference in the amount of $8,049,489.20 pursuant to 11 U.S.C. §§ 547(b) and 550. This…