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LOWER DOWNTOWN ASSOC. v. BRAZOSBANC SAV. ASS'N

Adv. No. 85 G 183.

52 B.R. 662 (1985)

LOWER DOWNTOWN ASSOCIATES, L.P., Plaintiff, v. BRAZOSBANC SAVINGS ASSOCIATION OF TEXAS, Defendant.

United States Bankruptcy Court, D. Colorado.

August 27, 1985.

Attorney(s) appearing for the Case

Cogswell and Wehrle by Stephen M. Bailey and Ruth M. Schley, Denver, Colo., for plaintiff.

Richard J. Spelts, P.C. by Richard J. Spelts, Denver, Colo. for defendant.

ORDER

JAY L. GUECK, Bankruptcy Judge.

Lower Downtown Associates, L.P. ("LDA"), as debtor-in-possession, filed this complaint against Brazosbanc Savings Association of Texas ("Brazosbanc"), seeking to avoid an allegedly fraudulent transfer order under 11 U.S.C. § 548. Trial on the complaint was held June 17, 1985. The facts are as follows:

FACTS

On March 15, 1985, LDA executed and delivered...

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