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IN RE SACO LOCAL DEVELOPMENT CORP.

Bankruptcy Nos. 281-00151 to 281-00154, Adv. No. 281-0194.

30 B.R. 862 (1983)

In re SACO LOCAL DEVELOPMENT CORP. Leather Comfort Corporation Kirstein Leather Co. d/b/a Saco Tanning Corp. Kirstein Split Corporation, Debtors. Roderick R. ROVZAR, Trustee, v. CHEMICAL SALES AND SERVICE CO., Defendant.

United States Bankruptcy Court, D. Maine.

May 26, 1983.

Attorney(s) appearing for the Case

Gregory Tselikis, Charles Miller, Bernstein, Shur, Sawyer & Nelson, Portland, Me., for plaintiff.

Bruce Coggeshall, George Marcus, Pierce, Atwood, Scribner, Allen, Smith & Lancaster, Portland, Me., for defendant.

MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

The trustee seeks to recover, as avoidable preferences under section 547(b) of the Bankruptcy Code, payments received by Chemical Sales and Service Company from the debtor, the Saco Tanning Division of Kirstein Leather Company. 11 U.S.C.A. § 547(b) (1979). Chemical Sales argues that the trustee has failed to establish an element of section 547(b). In addition, it argues that the challenged...

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