Kelley v. Murphy (In re McConnell)

Ruling: 
Transfer of aircraft within 90 days of petition date was preferential.
Procedural posture: 
Debtor filed a Chapter 7 bankruptcy case. Pursuant to 11 U.S.C.S. § 547, plaintiff trustee filed an adversary proceeding against defendants, a partner and a company, seeking, in part, to avoid as a preferential transfer the debtor's conveyance of an aircraft to defendants. The trustee moved for summary judgment.
Issue: 
ABI Membership is required to access the full summary of Kelley v. Murphy (In re McConnell). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on August 18,2011, LexisNexis #1011-019