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MATTER OF STANDARD LAW ENF. SUPPLY CO. OF WIS.

Bankruptcy No. 83-03196, Adv. No. 84-0196.

74 B.R. 608 (1987)

In the Matter of STANDARD LAW ENFORCEMENT SUPPLY CO. OF WISCONSIN, d/b/a Standard Equipment Company, Debtor. John Louis CASTELLANI, Trustee, Plaintiff, v. Clifton G. OWENS, Trustee of Lentech International Corporation, Defendant, Cross-Claim Plaintiff, v. FIRST WISCONSIN NATIONAL BANK OF MILWAUKEE, Defendant, Cross-Claim Defendant.

United States Bankruptcy Court, E.D. Wisconsin.

June 3, 1987.

Attorney(s) appearing for the Case

Floyd A. Harris, Polacheck and Harris (George P. Kersten, of counsel, Kersten & McKinnon), Milwaukee, Wis., for plaintiff.

David A. Erne, Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C., Milwaukee, Wis., for First Wisconsin Nat. Bank of Milwaukee.

C.N. CLEVERT, Chief Judge.

DECISION AND ORDER

First Wisconsin National Bank of Milwaukee (First Wisconsin) is seeking dismissal of an action against it by the trustee of Standard Law Enforcement Supply Co. of Wisconsin (Standard) for recovery of $356,800 as a fraudulent conveyance.

The relevant contentions appearing in the pleadings are as follows. On July 7, 1983, Standard transferred $356,800 to its subsidiary, Lentech International Corporation...

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