IN RE PRIME REALTY, INC.

Nos. 07-6034NE, 07-6035NE.

380 B.R. 529 (2007)

In re PRIME REALTY, INC., Debtor. James Killips, Chapter 11 Trustee, Plaintiff-Appellants, v. Robert C. Schropp, RCS Sons, Inc., and Leo Dahlke, Defendants-Appellees.

United States Bankruptcy Appellate Panel of the Eighth Circuit.

Filed: December 27, 2007.


Attorney(s) appearing for the Case

Robert Frederick Craig, Omaha, NE, Jenna. Taub, Omaha, NE, appeared on the brief, for appellant.

Donald P. Dworak, Omaha, NE, for appellee.

Before KRESSEL, Chief Judge, SCHERMER and McDONALD, Bankruptcy Judges.


McDONALD, Bankruptcy Judge.

James Killips, the Chapter 11 Trustee of Debtor Prime Realty, appeals from the judgment of the bankruptcy court1 in favor of Defendants on Trustee's preference and fraudulent conveyance claims. We affirm.

I.

Debtor, Prime Realty, Inc. ("Prime"), was involved in several joint ventures with Leo Dahlke and RCS & Sons, Inc. ("RCS"). The primary purpose of these joint ventures was to purchase...

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