CLARK, Circuit Judge:
Appellant David Cranshaw, bankruptcy trustee for debtor N & D Properties, Inc. brings this appeal from the district court's denial of subordination or invalidation of appellee Julia Estes' secured claims against the estate of the debtor. Mrs. Estes, a minority shareholder of the debtor corporation, had filed a claim against the estate for loans to the debtor in the amount of $320,000. The bankruptcy court found verifiable loans in the amount...
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