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IN RE ASPEDON

Bankruptcy No. 86-2425-W, Adv. No. 87-0040.

73 B.R. 538 (1987)

In re Dale Franklin ASPEDON & Dorothy Pauline Aspedon, Debtors. Dale Franklin ASPEDON & Dorothy Pauline Aspedon, Plaintiffs, v. Carol LABBEE & Ardith K. Jenson, as Executors of the Estate of Lynn E. Jenson, and Lynn E. Jenson Corp., Defendants.

United States Bankruptcy Court, S.D. Iowa.

May 12, 1987.

Attorney(s) appearing for the Case

James H. Thompson, Jr., North Kansas City, Mo., for plaintiffs/debtors.

Peter J. Peters, Council Bluffs, Iowa, for defendants.

MEMORANDUM OPINION AND ORDER

FRANK W. KOGER, Bankruptcy Judge.

This adversary complaint came before the Court as well as a Motion to Dismiss, Motion for Relief from the Stay and a hearing on debtors' Disclosure Statement. The adversary proceeding under Section 548 sought to set aside an allegedly fraudulent transfer of an undivided one-half interest in 258 acres of real estate through a levy and sheriff's sale. Defendants and debtors had been engaged in...

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