IN RE INV. SALES DIVERSIFIED, INC.

Bankruptcy Nos. 4-82-740, 4-82-763 and 4-82-764, Adv. No. 4-84-72.

49 B.R. 837 (1985)

In re INVESTMENT SALES DIVERSIFIED, INC., f/k/a Developers' Sales, Inc., Developers' Sales, Inc., Developers' Sales Escrow, Inc., Debtors. William J. JOANIS, Trustee, Plaintiff, v. WAYZATA BANK & TRUST COMPANY, Helen Argue, Carole E. Zajac, Christine Muegge, First Guaranty Corporation, Richfield Bank & Trust Company as Trustee for Gordon Christianson, Sylvester Killeen and Anne Regan, Defendants.

United States Bankruptcy Court, D. Minnesota.

May 24, 1985.


Attorney(s) appearing for the Case

Michael D. Schwartz, Schwartz & Corey, P.A., Minneapolis, Minn., for debtors.

Manly A. Zimmerman, Zimmerman & Bix, Minneapolis, Minn., for Wayzata Bank & Trust.

William J. Joanis, Briggs & Morgan, P.A., St. Paul, Minn., Trustee.

Ronald H. Groth, Thompson, Wahlfors, Moran & Groth, Minneapolis, Minn., for Argue & Muegge.


MARGARET A. MAHONEY, Bankruptcy Judge.

The above-entitled matter came on before the Honorable Margaret A. Mahoney, Bankruptcy Judge, upon the parties' stipulated facts and written arguments. The Plaintiff, the Chapter 7 Trustee in the related bankruptcy cases, alleges in his complaint that certain transfers of real property to the Defendants in this matter are voidable and includable as property of the estate pursuant to 11 U.S.C. §§ 544, 550, and 541 and...

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