Castellani v. Owens (In Re Standard Law Enforcement Supply Co. of Wisconsin)

C.N. CLEVERT, Chief Judge.

DECISION AND ORDER

First Wisconsin National Bank of Milwaukee (First Wisconsin) is seeking dismissal of an action against it by the trustee of Standard Law Enforcement Supply Co. of Wisconsin (Standard) for recovery of $356,-800 as a fraudulent conveyance.

The relevant contentions appearing in the pleadings are as follows. On July 7, 1983, Standard transferred $356,800 to its subsidiary, Lentech International Corporation (Lentech), which on or about that same date paid the funds to First Wisconsin. Approximately two months later, on August 29, 1983, Standard filed its…