IN RE GLOBE HOLDINGS, INC.

Bankruptcy Nos. 01-70115-CMS-01-70116-CMS-11. Adversary No. 03-70005-CMS.

366 B.R. 186 (2007)

In re GLOBE HOLDINGS, INC.; Globe Manufacturing Corp.; Debtor. Dennis J. Buckley, Litigation Trustee, Plaintiff, v. Carrier Corporation, Defendant.

United States Bankruptcy Court, N.D. Alabama, Western Division.

March 28, 2007.


Attorney(s) appearing for the Case

Larry D. Henin, Stanley A. Bowker, Anderson Kill & Olick PC, New York, NY, William Dennis Schilling, Birmingham, AL, for Plaintiff.

R. Scott Williams, Haskell Slaughter & Young, Birmingham, AL, for Defendant.

Heather A, Lee, Burr & Forman LLP, Birmingham, AL, for Robert Gregory.

Lloyd Chandler Peeples, III, United States Attorneys Office, Jesse S. Vogtle, Jr., Balch & Bingham, Birmingham, AL, for Globe Holdings Inc.


MEMORANDUM OF DECISION

C. MICHAEL STILSON, Bankruptcy Judge.

This matter was before the court on the complaint of Dennis J. Buckley, litigation trustee for Globe Holdings, Inc.; and Globe Manufacturing Corp., seeking to avoid allegedly preferential payments to defendant Carrier Corporation. The court, having reviewed the facts in the context of applicable law, finds that the trustee established that...

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