IN RE HOLIDAY INTERVAL, INC.

Bankruptcy No. 87-00668-C.

114 B.R. 177 (1989)

In re HOLIDAY INTERVAL, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri, C.D.

October 2, 1989.


Attorney(s) appearing for the Case

John C. Curran, Osage Beach, Mo., for claimants.

C. Christy Barton, Jefferson City, Mo., for trustee.

Jack E. Brown, trustee, Columbia, Mo.

D. James Mariea, Fulton, Mo., for Holiday Shores Property Owners Ass'n.


MEMORANDUM OPINION

FRANK W. KOGER, Chief Judge.

The Trustee herein alleges that certain state court default judgments obtained by three claimants against the debtor are preferential transfers within 11 U.S.C. Section 547(b) and, therefore, subject to the avoiding powers of the Trustee. The Trustee further asserts that preclusive effect should not be given to these state judgments regarding the validity of the claims underlying the default judgments. The...

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