16 Collier bankr.cas.2d 1394, Bankr. L. Rep. P 71,821 in the Matter of Bishop, Baldwin, Rewald, Dillingham & Wong, Inc., a Hawaii Corporation, Debtor. Reynaldo D. Graulty, Trustee, of Bishop, Baldwin, Rewald, Dillingham & Wong, Inc., and Not Individually v. Cynthia Michelle Brooks

Good Law
819 F.2d 214
United States Court of Appeals for the Ninth CircuitJune 4, 198786-1825California1,605 words

Opinion

Opinion

819 F.2d 214 16 Collier Bankr.Cas.2d 1394 , Bankr. L. Rep. P 71,821 In the Matter of BISHOP, BALDWIN, REWALD, DILLINGHAM & WONG, INC., a Hawaii corporation, Debtor. Reynaldo D. GRAULTY, Trustee, of Bishop, Baldwin, Rewald, Dillingham & Wong, Inc., and not individually, Plaintiff-Appellee, v. Cynthia Michelle BROOKS, Defendant-Appellant. No. 86-1825. United States Court of Appeals, Ninth Circuit. Argued and Submitted April 7, 1987. Decided June 4, 1987. Richard S. Kanter and James A. Wagner, Honolulu, Hawaii, for plaintiff-appellee. Arthur B. Reinwald, Honolulu, Hawaii, for defendant-appellant. Appeal from the United States District Court for the District of Hawaii. Before POOLE, NORRIS and BRUNETTI, Circuit Judges. BRUNETTI, Circuit Judge: Overview 1 Brooks invested funds with the debtor company. She made three deposits and three withdrawals in 1983. The trustee sought to recover Brooks' last $3,000 withdrawal as a preference under 11 U.S.C. Sec. 547 (b). When Brooks refused to return the money to the bankruptcy estate, the trustee filed an adversary proceeding in the District Court. The District Court granted the trustee's motion for summary judgment, holding that the…

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