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MATTER OF LOYAL CHEESE CO., INC.

No. 91-3085.

969 F.2d 515 (1992)

In the Matter of LOYAL CHEESE COMPANY, INC., Debtor. Lawrence J. KAISER, Trustee of Loyal Cheese Company, Inc., Plaintiff-Appellant, v. WOOD COUNTY NATIONAL BANK AND TRUST COMPANY, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided July 30, 1992.

Attorney(s) appearing for the Case

Jeffrey W. Guettinger (argued), Herrick, Hart, Duchemin & Danielson, Peter Herrell, Wiley, Wahl, Colbert, Norseng, Cray & Harrell, Eau Claire, Wis., for plaintiff-appellant.

Jeffrey Huttenburg (argued), Richard D. Weymouth, Nash, Podvin, Tuchscherer, Huttenburg, Weymouth & Kryshak, Wisconsin Rapids, Wis., for defendant-appellee.

Before CUDAHY, POSNER and EASTERBROOK, Circuit Judges.

CUDAHY, Circuit Judge.

Lawrence J. Kaiser, the bankruptcy trustee (the Trustee) of the Loyal Cheese Company, Inc. (Loyal), brought this action against Wood County National Bank and Trust Company (the Bank) seeking to avoid certain transfers from Loyal to the Bank, as well as a loan Loyal made to Kickapoo Valley Cheese Corporation (KVCC), a related company. The Trustee alleged that these transactions constituted fraudulent conveyances under either the Bankruptcy Code...

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