Rinehart v. Meek (In Re Grady)

MEMORANDUM DECISION

C.N. CLEVERT, Chief Judge.

William A Rinehart, Chapter 7 trustee of Stuart G. Grady, brought this adversary proceeding to recover $600,000 in property from Kathryn Jane Meek, Grady’s ex-wife, pursuant to 11 U.S.C. § 548 and Chapter 242 Wis.Stat. He claims that the couple’s divorce decree effected a transfer of Grady’s property to Meek for less than reasonably equivalent value, with intent to hinder, delay and defraud Grady’s creditors and that the transfer rendered Grady insolvent.

Meek is asking this court to grant her summary judgment dismissing the complaint. She argues…