Arnold L. Kupetz, Trustee v. Morris A. Wolf, Raviel Wolf, the Marmon Group, Incorporated, Defendants

SNEED, Circuit Judge:

The district court, by way of a summary judgment and directed verdict, determined that the bankrupt made neither fraudulent conveyances under various California fraudulent conveyance statutes and section 548 of the Bankruptcy Code nor improper corporate distributions under California law. 77 B.R. 754. The Trustee in bankruptcy appeals these determinations. We affirm.

I

FACTS AND PROCEEDINGS BELOW

Wolf & Vine, a mannequin manufacturing company, is the debtor inproceedings before the United States Bankruptcy Court for the Central District of California. Pri- or to July 31,…