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MATTER OF LENARD

No. 87-4813.

849 F.2d 974 (1988)

In the Matter of Dorothy Robinson LENARD, Debtor. CAREFREE RANCH, INC. and Hugh Allen Coleman, Appellants, v. Dorothy Robinson LENARD and Billy Vining, Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied August 17, 1988.

Attorney(s) appearing for the Case

Donald J. Anzelmo, Monroe, La., for Carefree Ranch, Inc.

William H. Baker, Jonesboro, La., for Coleman.

R. Douglas Wood, Jr., Monroe, La., Michael E. Kramer, Winnsboro, La., for Vining.

Before RUBIN, GARZA and JONES, Circuit Judges.

ALVIN B. RUBIN, Circuit Judge:

Representing an unsecured creditor of a bankrupt debtor, the bankruptcy trustee seeks to nullify two transfers of a ranch and to return the property to the debtor's estate to satisfy the creditor's claim. The bankruptcy court, applying Louisiana law, found that (1) the first transfer, from the debtor and her husband to a corporation owned and controlled by their daughter, was a simulation; (2) the second transfer, ostensibly from the...

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