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IN RE RICE

BAP No. NC-86-1180 VMoE, Bankruptcy No. 4-81-01690 HW, Adv. No. 4-85-0091 AW.

83 B.R. 8 (1987)

In re Astarte Davis RICE, Debtor. Edward M. WALSH, Trustee of the Estate of Astarte Davis Rice, Appellee, v. ALPHA FINANCIAL GROUP, Century 21 d/b/a Alpha Financial Group, H.B. Steven Raskin and First American Title Guarantee Company, Appellants.

United States Bankruptcy Appellate Panel, Ninth Circuit.

Decided November 30, 1987.

Attorney(s) appearing for the Case

Keith A. Kandarian, San Francisco, Cal., for appellants.

Dennis D. Davis, Goldberg, Stinnett & MacDonald, San Francisco, Cal., for appellee.

Before VOLINN, MOOREMAN and ELLIOTT, Bankruptcy Judges.

PER CURIAM:

The trustee, pursuant to 11 U.S.C. §§ 549 and 550(a)(1), filed a complaint to avoid the debtor's post-petition transfer of a promissory note secured by a deed of trust. The bankruptcy court granted the trustee's motion for summary judgment. We affirm.

FACTS

The debtor, Astarte Davis Rice, bought certain real estate in Contra Costa County, California, on October 19, 1978. The property consisted of a residence located at 2221...

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