OCheskey v. Houston for Texans Charitable Trust (In re American Hous. Found.)

Ruling: 
Transfers by debtor Ponzi scheme operator to individual and trust prior to petition date while debtor was insolvent were preferential.
Procedural posture: 
Trustee filed an adversary proceeding against defendants, a charitable trust, co-trustees of a trust, and a partnership, seeking a determination that transfers a nonprofit entity ("debtor") made before it declared chapter 11 bankruptcy were preferential transfers that could be recovered under 11 U.S.C.S. § 547. The court issued supplemental findings of fact and conclusions of law to an opinion it entered on September 30, 2012.
Issue: 
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Commercial case opionion summary, case decided on November 07,2012, LexisNexis #1112-126