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IN RE FIRST PROTECTION, INC.

BAP No. AZ-10-1104-JuBaPa. Bankruptcy No. 08-08964-RTB. Adversary No. 09-01266-RTB.

440 B.R. 821 (2010)

In re FIRST PROTECTION, INC., Debtor. David Fursman; Laura Fursman; Gale P. Thompson; Redux Development, LLC, Appellants, v. Dale D. Ulrich, Chapter 7 Trustee, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Filed November 22, 2010.

Attorney(s) appearing for the Case

David Fursman , Scottsdale, AZ, pro se.

Stuart Bradley Rodgers , Lane & Nach, P.C., Phoenix, AZ, for Appellee Dale D. Ulrich.

Before: JURY, BAUER, and PAPPAS, Bankruptcy Judges.

OPINION

JURY, Bankruptcy Judge:

Chapter 72 trustee, Dale D. Ulrich, commenced an adversary proceeding against debtors David and Laura Fursman (the "Fursmans" or "Debtors") and First Protection, Inc. ("FP"), and non-debtors Gale P. Thompson ("Thompson") and Redux Development, LLC ("Redux") (collectively, the "Defendants") seeking to avoid the Fursmans' postpetition transfer of 50% of their interest in Redux to Thompson under ...

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