Anderson v. Sandstone Estates (In Re S & W International Food Specialties, Inc.)

ORDER GRANTING TRUSTEE’S MOTION FOR SUMMARY JUDGMENT AND DENYING DEFENDANT’S PARTIAL MOTION FOR SUMMARY JUDGMENT

MARGARET H. MURPHY, Bankruptcy Judge.

Trustee’s complaint in this adversary proceeding seeks to avoid a fraudulent transfer pursuant to 11 U.S.C. § 548 and to recover funds from Defendant pursuant to 11 U.S.C. § 550. Defendant Sandstone Estates, LLC (“Sandstone”) filed a motion for partial summary judgment contending that it is not an initial transferee under § 550(a), and, as a subsequent transferee, is entitled to the defenses in § 550(b).

The material facts are undisputed. Danny…