Ries v. Scarlett & Gucciardo, PA (In re Genmar Holdings, Inc.)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
NAIL, Bankruptcy Judge.
Michael Calandrillo appeals the final judgment of the bankruptcy court1 entitling Trustee Charles W. Ries to recover $65,000 from Calandrillo pursuant to 11 U.S.C. §§ 547(b) and, by implication, 550(a). We affirm.
BACKGROUND
In April 2007, Calandrillo purchased a boat from Plantation Boat Mart & Marina, Inc. The boat proved to be defective, and in October 2008, Calandrillo filed a statement of claim with the American Arbitration Association, naming Genmar Industries, Inc., Hydra-Sports Boats, and Plantation Boat Mart & Marina, Inc. as respondents. Calandrillo says he…
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