IN RE LOUISIANA PELLETS, INC.

Case No. 16-80162 (Jointly Administered), Adv. Proc. No. 18-5015.

In re: Louisiana Pellets, Inc., et al., Chapter 11, Debtors. Craig Jalbert, Chapter 11 Liquidating Trustee, Plaintiff, v. Wessel GmbH, Defendant.

United States Bankruptcy Court, W.D. Louisiana, Lafayette Division.

June 20, 2019.


Attorney(s) appearing for the Case

Craig Jalbert, Chapter 11 Liquidating Trustee for Louisiana Pellets, Inc. and German Pellets Louisiana, LLC, Plaintiff, represented by Brent B. Barriere , Fishman Haygood Phelps, et al, Jason W. Burge , Catherine E. Lasky , Lasky Murphy LLC, Kerry A. Murphy , Lasky Murphy LLC, D. Skylar Rosenbloom , Fishman Haygood & Rebekka C. Veith , Fishman Haygood, LLP.

Wessel GmbH, Defendant, represented by Michael A. Crawford , Taylor Porter, Attorneys at Law.


RULING FOLLOWING TRIAL

In this case, the Trustee seeks to recover payments totaling approximately €1,200,000.00 made by the Debtor, German Pellets Louisiana, LLC (or its parent company), to the Defendant, Wessel GmbH. The Trustee contends that the payments constitute constructive fraudulent transfers...

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