BIGGS v. UNITED STATES NAT. BANK OF OMAHA

Civ. No. 78-0-526.

11 B.R. 524 (1980)

William L. BIGGS, Jr., as Trustee in Bankruptcy of National Auto Supply, Inc., Bankrupt, Plaintiff, v. UNITED STATES NATIONAL BANK OF OMAHA, Defendant.

United States District Court, D. Nebraska.

October 17, 1980.


Attorney(s) appearing for the Case

Douglas E. Quinn, Omaha, Neb., for plaintiff.

Michael L. Schleich, Omaha, Neb., for defendant.


MEMORANDUM

DENNEY, District Judge.

The trustee of the bankruptcy estate of National Auto Supply, Inc. [bankrupt], brings this action to set aside loan payments made by the bankrupt to the defendant United States National Bank of Omaha. The trustee alleges that these payments were fraudulent conveyances in violation of § 67(d)(2)(b) of the Bankruptcy Act. Essentially, the trustee contends that the bankrupt did not receive fair consideration for these...

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