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Trustee James A. Craig v. Nancy Martz O'Brien, Catherine Hyde Nichols, Martha Hyde Brown, and Dorothy Hyde, as Special Administratrix of the Estate of Robert T. Hyde (In re Patricia H. Gridley)

Bankr. No.: 
91-40439
Adv. No.: 
93-4049
Chapter: 
7
Date of Decision: 
March 27, 1995
Issue: 
Whether state court action that deprived the debtor of her interest in a trust was a voidable preference under § 547?
Ruling: 
The state court surcharge order against the debtor's interest in the trust was not a preference under § 547 because the debtor was not insolvent at the time of the transfer.
Full Bankruptcy Court Decision: