Cohen v. Bellamy (In Re Shannis)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GEORGE L. PROCTOR, Bankruptcy Judge.

This proceeding is before the Court upon Defendants’ Motion for Summary Judgment on Aaron R. Cohen’s (“Trustee”) complaint seeking to avoid and recover a fraudulent conveyance of real property pursuant to 11 U.S.C. §§ 548 and 550. After a hearing on October 21,1998, the Court enters the following Findings of Fact and Conclusions of Law:

FINDINGS OF FACT

1. The facts of the case were stipulated to orally by the attorneys at the October 21,1998 hearing.

2. Estelle G. Shannis (“Debtor”) was previously married to one of the…