Bankr. L. Rep. P 72,172, 5 Ucc rep.serv.2d 996 in Re Albert J. Wegner Margie Wegner, Debtors. William C. Griffel v. Gregory G. Murphy, Bankruptcy Trustee

839 F.2d 533 Bankr. L. Rep. P 72,172, 5 UCC Rep.Serv.2d 996 In re Albert J. WEGNER; Margie Wegner, Debtors. William C. GRIFFEL, Appellant, v. Gregory G. MURPHY, Bankruptcy Trustee, Appellee. No. 87-3615. United States Court of Appeals, Ninth Circuit. Submitted Nov. 6, 1987. * Decided Jan. 28, 1988. Robert C. Smith, Billings, Mont., for appellant. Doug James, Billings, Mont., for appellee. Appeal from the United States Bankruptcy Appellate Panel of the Ninth Circuit. Before ANDERSON, NORRIS and HALL, Circuit Judges. J. BLAINE ANDERSON, Circuit Judge: 1 William C. Griffel (appellant) appeals from the Bankruptcy Appellate Panel of the Ninth Circuit (BAP) decision affirming the judgment of the United States Bankruptcy Court for the District of Montana, 61 B.R. 414 (1986). The bankruptcy court found that cattle, equipment and money had been preferentially transferred to appellant within 90 days prior to Wegner's (debtor) filing for bankruptcy in violation of 11 U.S.C. Sec. 547 , and therefore ordered appellant to turn over the property. We reverse. BACKGROUND 2 Appellant owned and operated a ranch in Montana. In December 1981, appellant entered into a lease agreement with debtor.…