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IN RE FARGO BILTMORE MOTOR HOTEL CORP.

Bankruptcy No. 84-05560, Adv. No. 84-7157.

49 B.R. 782 (1985)

In re FARGO BILTMORE MOTOR HOTEL CORPORATION, Debtor. FARGO BILTMORE MOTOR HOTEL CORPORATION, Plaintiff, v. METROPOLITAN FEDERAL BANK, a/k/a Metropolitan Federal Savings & Loan Association, Defendant.

United States Bankruptcy Court, D. North Dakota.

May 9, 1985.

Attorney(s) appearing for the Case

David T. DeMars, Fargo, N.D., for plaintiff.

Robert L. Stroup II, Fargo, N.D., for defendant.

MEMORANDUM OPINION AND ORDER

WILLIAM A. HILL, Bankruptcy Judge.

The present adversary action was commenced by a Complaint filed by the Debtor, Fargo Biltmore Motor Hotel Corporation (BILTMORE), on December 7, 1984, claiming a foreclosure of its motel property by Metropolitan Federal Bank (METROPOLITAN) was voidable pursuant to section 548(a)(2) as being a transfer for less than the reasonably equivalent value of the property. By its Complaint, Biltmore additionally...

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