IN RE CARGO TRANSPORTATION SERVICES, INC.

Case No.: 8:11-bk-00432-MGW. Adv. Pro. No.: 8:13-ap-00580-MGW.

502 B.R. 875 (2013)

IN RE: CARGO TRANSPORTATION SERVICES, INC., Debtor. Larry S. Hyman, as Plan Trustee, Plaintiff, v. Bast Amron LLP, Defendant.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

Filed November 26, 2013.


Attorney(s) appearing for the Case

Jeffrey P. Bast, Esq. , Bast Amron LLP, for Defendant.

David S. Jennis, Esq. , Kathleen L. DiSanto , Jennis & Bowen, P.L., for Plaintiff.


Chapter 11

MEMORANDUM OPINION ON CROSS MOTIONS FOR SUMMARY JUDGMENT

Michael G. Williamson, United States Bankruptcy Judge.

Under 11 U.S.C. § 550(a)(1), a trustee can recover the value of a preferential transfer from an initial transferee unless the transferee served as a mere conduit for the transfer and otherwise acted in good faith. Here, the Debtor made six preferential transfers to the Defendant as part of a settlement agreement...

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