Hutson v. Branch Banking & Trust Co. (In Re National Gas Distributors, LLC)
United States Bankruptcy Court, E.D. North Carolina
1Opinion of the Court
ORDER ALLOWING PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT
A. THOMAS SMALL, Bankruptcy Judge.
The matter before the court is the motion for summary judgment filed by the plaintiff, Richard M. Hutson II, trustee for the chapter 11 debtor National Gas Distributors, LLC (“NGD”). The trustee seeks to avoid and to recover, pursuant to 11 U.S.C. §§ 547 and 550, preferential transfers aggregating $3,263,516.15 made by NGD to the defendant, Branch Banking and Trust Company (“BB & T”). 1 BB & T’s defense under § 547(c)(2)(B) is that the transfers, two loan payments in the amounts of $755,329.80 and…
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- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Lamie v. United States TrusteeSupreme Court of the United States · 2004
- Union Bank v. WolasSupreme Court of the United States · 1991
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- Pereira v. United Parcel Service of America, Inc. (In re Waterford Wedgwood USA, Inc.)United States Bankruptcy Court, S.D. New York · 2014
- Simon v. Gerdau MacSteel, Inc. (In Re American Camshaft Specialties, Inc.)United States Bankruptcy Court, E.D. Michigan · 2011
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