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  5. 195 B.R. 455 (1996)
 

IN RE RICHMOND PRODUCE CO., INC.

Nos. C93-3845 MMC, C93-3852 MMC and C94-0428 MMC.

195 B.R. 455 (1996)

In re RICHMOND PRODUCE COMPANY, INC., Debtor. John T. KENDALL, Trustee, Plaintiff, v. Donald SORANI, the Estate of Patricia Sorani, Bank of California, Defendants. And Related Cross-Actions.

United States District Court, N.D. California.

April 9, 1996.

Attorney(s) appearing for the Case

Irving C. Kornfield, Kornfield, Paul & Bupp, P.C., Oakland, CA, and T. Scott Tate, Bronson, Bronson & McKinnon, San Francisco, CA, for Plaintiff Trustee, Appellee and Cross-Appellant John T. Kendall.

William J. Weir, J. Craig Gilliland, Richard M. Adler, Murphy, Weir & Butler, San Francisco, CA, for Defendant-Appellant Bank of California.

MEMORANDUM AND ORDER

WILLIAM W SCHWARZER, District Judge.

John T. Kendall, the Chapter 11 trustee of Richmond Produce Company, Inc., brought a bankruptcy proceeding to avoid an allegedly fraudulent transfer in connection with a leveraged buyout of the debtor company. Following a ten-day bench trial, the bankruptcy court found that Bank of California, N.A., ("BanCal") was an immediate transferee in a fraudulent transfer of the company's property under...

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