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BURROUGHS v. FIELDS

No. 75-1648.

546 F.2d 215 (1976)

Charles E. BURROUGHS, Trustee in Bankruptcy of Hearthside Homes, Inc., bankrupt, Plaintiff-Appellant, v. Robert J. FIELDS, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided November 18, 1976.

Attorney(s) appearing for the Case

R. Arthur Ludwig, John G. Persa, Milwaukee, Wis., for plaintiff-appellant.

Terry D. Teper, Milwaukee, Wis., for defendant-appellee.

Before FAIRCHILD, Chief Judge, BAUER, Circuit Judge, and PARSONS, Chief District Judge.

PARSONS, Chief District Judge.

This case concerns the attempt by the appellant-trustee in bankruptcy to set aside a transfer of funds from the bankrupt to the defendant-appellee. Trustee contends that the transfer constitutes a fraudulent conveyance under sections 67(d)(2)(a), 67(d)(2)(d) and 70(e)(1)1 of the Bankruptcy Act. The district court dismissed the action. For the reasons stated below...

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