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IN RE GULF FLEET HOLDINGS, INC.

Case No. 10-50713, Case Nos. 10-50714 thru 10-50723, Jointly Administered, Adversary Case No. 12-05024.

IN RE: GULF FLEET HOLDINGS, INC., et al, Chapter 11 Debtors ALAN GOODMAN, TRUSTEE FOR THE GULF FLEET LIQUIDATING TRUST, Plaintiff v. TRIPLE "C" MARINE SALVAGE, INC., Defendant

United States Bankruptcy Court, W.D. Louisiana.

January 16, 2013.

REASONS FOR DECISION

ROBERT SUMMERHAYS, Bankruptcy Judge.

This adversary proceeding involves preference claims by Alan Goodman, the trustee of the Gulf Fleet Liquidating Trust (the "Trustee") against Triple "C" Marine Salvage, Inc. ("Triple `C'"). The Trustee filed a motion for summary judgment on its preference claims as well as Triple "C"'s defenses. The court took the motion under advisement following oral argument. After considering the summary judgment...

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