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IN RE AGRIPROCESSORS, INC.

Bankruptcy No. 08-2751, Adversary No. 10-09129.

IN RE: AGRIPROCESSORS, INC., Chapter 7, Debtor. JOSEPH E. SARACHEK, in his capacity as CHAPTER 7 TRUSTEE, Plaintiff, v. LUBICOM, LLC, Defendant.

United States Bankruptcy Court, N.D. Iowa.

March 29, 2013.

ORDER ON MOTION FOR SUMMARY JUDGMENT

THAD J. COLLINS, Bankruptcy Judge.

The Chapter 7 Trustee brought this adversary proceeding against Defendant, Lubicom, LLC, alleging Defendant received preferential transfers in the amount of $60,000.00. Defendant moves for partial summary judgment arguing its affirmative defenses apply as a matter of law and reduce the Trustee's recovery to the maximum amount of $6,900.00. The Court held a hearing on the matter. Robert...

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