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IN RE ADAM AIRCRAFT INDUSTRIES, INC.

BAP No. CO-13-049. Bankruptcy No. 08-11751. Adversary No. 10-01098.

510 B.R. 342 (2014)

In re ADAM AIRCRAFT INDUSTRIES, INC., Debtor. Jeffrey A. Weinman, Chapter 7 Trustee, Plaintiff-Appellant, v. Joseph K. Walker, Defendant-Appellee.

United States Bankruptcy Appellate Panel of the Tenth Circuit.

Filed May 15, 2014.

Attorney(s) appearing for the Case

Theodore J. Hartl of Lindquist & Vennum L.L.P., Denver, CO, for Plaintiff-Appellant.

Todd L. Vriesman of Montgomery, Kolodny, Amatuzio & Dusbabek, L.L.P., Denver, CO, for Defendant-Appellee.

Before KARLIN, JACOBVITZ, and HALL, Bankruptcy Judges.

OPINION

JACOBVITZ, Bankruptcy Judge.

The Chapter 7 trustee ("Trustee") for debtor Adam Aircraft Industries ("AAI") appeals a bankruptcy court order denying a portion of his preference and fraudulent conveyance claims against the defendant, Joseph Walker ("Walker"). We affirm.

I. BACKGROUND

AAI designed and manufactured carbon composite aircraft before filing a voluntary Chapter 7 bankruptcy petition on February 15, 2008 ("Petition Date...

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