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Trustee James A. Craig and Valley Bank v. John N. Gridley, III, Patricia Leigh Gridley Dick, Pamela A. Gridley Jaudes, and Mary Jane Gridley Simmons (In re Patricia H. Gridley)

Bankr. No.: 
91-40439
Adv. No.: 
93-4046
Chapter: 
7
Date of Decision: 
March 27, 1995
Issue: 
Whether the debtor's pre-petition transfer of certain stock to her children was a fraudulent transfer under 11 U.S.C. § 157(b)(2)?
Ruling: 
The debtor's transfer was not fraudulent under § 157(b)(2), which incorporates any South Dakota fraudulent conveyance law.
Full Bankruptcy Court Decision: