Case Name:
Billings v. Zions First Nat'l Bank (In re Granada, Inc.), 110 B.R. 548 (Bankr.D.Utah)
Judge:
Judge Clark
Date:
Jan-26-1990
Case Number(s):
89PC-0418
Status:
PUBLISHED
Body:
Defendant lenders moved to dismiss chapter 11 trustee's complaint against them, which sought to avoid alleged preferential payments under 11 U.S.C. § 547(b) and fraudulent transfers under 11 U.S.C. § 548(a)(2). The court denied the motion after finding that, for the most part, trustee had alleged sufficient facts in support of his claims under §547, 548, and 11 U.S.C. § 550 to avoid dismissal. In so ruling, the court considered the Tenth Circuit's recent decision in Lowrey v. Mfrs. Hanover Leasing Corp. (In re Robinson Bros. Drilling, Inc.), 892 F.2d 850 (10th Cir. 1989).
Internal Ref:
Opinion 296
File: