IN RE CURRY AND SORENSEN, INC.

BAP No. CC-85-1009, Bankruptcy No. LA 84-07761-JA, Adv. No. LA M4-07770-BR.

57 B.R. 824 (1986)

In re CURRY AND SORENSEN, INC., a California corporation, Debtor. Walter T. HANSEN, Donald F. Rau and Ross H. Buckwalter, Plaintiffs, v. Kenneth R. FINN and Curry and Sorensen, Inc., a California corporation, Defendants.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

Decided February 7, 1986.


Attorney(s) appearing for the Case

Roger A. Ferree, McCutchen, Black, Verleger & Shea, Los Angeles, Cal., for plaintiffs.

Peter S. Fishman, LeVene & Eisenberg, Los Angeles, Cal., for defendants.

Before MEYERS, ABRAHAMS and VOLINN, Bankruptcy Judges.


JOHN W. MEYERS, Bankruptcy Judge:

I

On August 28, 1984, the appellants Walter T. Hanson, Donald F. Rau and Ross H. Buchwalter ("Appellants") filed a complaint naming the Debtor, Curry and Sorenson, Inc. ("Debtor") and its President Kenneth R. Finn ("Finn") as defendants. In this complaint the Appellants seek to void the Debtor's issuance of 75,000 shares of its capital stock to Finn, claiming it was a fraudulent transfer under Section 548 of the Bankruptcy...

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