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FIRST NAT. BANK OF COLD SPRING v. JAEGER

No. C2-86-2135.

408 N.W.2d 667 (1987)

FIRST NATIONAL BANK OF COLD SPRING, Respondent, v. Gerald P. JAEGER, et al., Defendants, BBCA, Inc., Appellant.

Court of Appeals of Minnesota.

June 23, 1987.

Attorney(s) appearing for the Case

Timothy D. Clements, Cold Spring, for respondent.

John R. Koch, St. Cloud, for appellant.

Heard, considered and decided by POPOVICH, C.J., and HUSPENI and MULALLY, JJ.

OPINION

MULALLY, Judge.

This action was brought under Minn. Stat. § 513.23 to set aside fraudulent transfers of property from Gerald Jaeger to Sun Down Co. and from Sun Down to appellant BBCA, Inc. Respondent claimed Gerald Jaeger had fraudulently transferred property, that the transfers were made without fair consideration and with actual intent to hinder, delay, and defraud creditors.

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