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IN RE PRESIDENTIAL CORP.

BAP No. WW-94-2109-HCAs. Bankruptcy No. 91-03264. Adv. No. 94-00042.

180 B.R. 233 (1995)

In re PRESIDENTIAL CORPORATION, dba Presidential Homes, Debtor. Michael McCARTY, Trustee, Appellant, v. RICHARD JAMES ENTERPRISES, INC., State of Washington, Department of Revenue, Lancaster Homes, Inc., and Seafirst Bank, Appellees.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided April 7, 1995.

Attorney(s) appearing for the Case

Kenneth C. Weil, Seattle, WA, for appellant.

Glenn R. Nelson, Seattle, WA, for appellee Richard James Enterprises, Inc.

Before HAGAN, CASE, and ASHLAND, Bankruptcy Judges.

OPINION

HAGAN, Bankruptcy Judge:

Presidential Corporation ("debtor") is a debtor under chapter 7 of Title 11, United States Code. Michael McCarty ("trustee"), the bankruptcy trustee, filed suit against a number of parties to recover a fraudulent conveyance. The bankruptcy court granted a motion for summary judgment in favor of Richard James Enterprises, Inc. ("RJE"). The trustee appeals and RJE moves for sanctions for bringing the appeal. We AFFIRM...

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