Gross v. Russo (In Re Russo)

MANUEL J. PRICE, Bankruptcy Judge.

This is an adversary proceeding brought by Avery J. Gross, “THE TRUSTEE,” pursuant to Rule 701(1) of the Rules of Bankruptcy Procedure against Lucio F. Russo, “RUSSO” or “THE BANKRUPT,” and his wife, “TINA,” to set aside, as fraudulent, the conveyance by the bankrupt to his wife of his interest in their home at 82 Romer Road, Staten Island, New York which had been owned by them as tenants by the entirety.

The trustee bases his action on Section 70e(l) of the Bankruptcy Act, 11 U.S.C. § 110e(l), which provides:

“e. (1) A transfer made or suffered or obligation…