IN RE SEAWINDS LTD.

Nos. 3-84-02038 JR, C-88-0430 RFP and C-88-0980 RFP, Adv. No. 3-85-0779 LK.

91 B.R. 88 (1988)

In re SEAWINDS LIMITED, a corporation, Debtor. XTRA INCORPORATED, Appellant, v. SEAWINDS LIMITED, a corporation, Appellee. SEAWINDS LIMITED, a corporation, Cross-Appellant, v. XTRA INCORPORATED, Cross-Appellee.

United States District Court, N.D. California.

August 22, 1988.


Attorney(s) appearing for the Case

Thomas Paine, Law Offices of Thomas Paine, John Droeger, Hall, Henry, Oliver & McReav, San Francisco, Cal., appellant.

Tracy Green, Goldberg, Stinnett & MacDonald, San Francisco, Cal., appellee.


ORDER GRANTING CROSS-APPELLANT'S MOTION FOR SUMMARY JUDGMENT

PECKHAM, Chief Judge.

I. INTRODUCTION

This is a consolidated appeal from an order of summary judgment entered by the bankruptcy court declaring certain pre-petition payments received by appellant XTRA, Inc. ("XTRA") to be voidable preferences. Cross-appellant Chapter 11 debtor Seawinds Limited ("Seawinds") made seven disputed payments to XTRA during the preference period. The bankruptcy...

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