IN RE INTERNATIONAL ADMINISTRATIVE SERVICES, INC.

No. 04-11829.

408 F.3d 689 (2005)

In Re: INTERNATIONAL ADMINISTRATIVE SERVICES, INC., Debtor. IBT International, Inc., Southern California Sunbelt Developers, Inc., Defendants-Appellants, v. John A. Northern, Plaintiff-Appellee.

United States Court of Appeals, Eleventh Circuit.

May 3, 2005.


Attorney(s) appearing for the Case

David Richard McFarlin, Frank M. Wolff, Wolff, Hill, McFarlin & Herron, P.A., Orlando, FL, for Defendants-Appellants.

Hans Christian Beyer, Saxon, Gilmore, Carraway, Gibbons, Lash & Wilcox, P.A., Tampa, FL, for Plaintiff-Appellee.

Before MARCUS, FAY and SILER, Circuit Judges.


FAY, Circuit Judge:

This appeal stems from the bankruptcy of International Administrative Services, Inc. ("IAS" or the "Debtor"). The Debtor's stock trustee (the "Trustee"), acting on behalf of the Official Committee of Unsecured Creditors (the "Committee") filed an adversary proceeding against IBT International, Inc. ("IBT") and Southern California Sunbelt Developers, Inc. ("SCSD") to recover assets that had been fraudulently transferred from the Debtor to IBT and...

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