United States Bankruptcy Court, C.D. California April 13, 1989, Bankruptcy No. LA 87-00994 VZ, Adv. No. LA 88-01534 VZ (McGoldrick v. Juice Farms, Inc. (In Re Ludford Fruit Products, Inc.))

MEMORANDUM OF DECISION

VINCENT P. ZURZOLO, Bankruptcy Judge.

In this adversary proceeding, the trustee seeks avoidance and recovery of payments received by an undersecured creditor during the ninety days preceding the filing of the debtor’s bankruptcy petition. The following issues arise:

(1) Does the earmarking doctrine apply?