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IN RE LINDSEY

BAP No. 10-6045.

443 B.R. 808 (2011)

In re David P. LINDSEY, Debtor. Northland National Bank, Plaintiff-Appellant, v. David P. Lindsey, Defendant-Appellee.

United States Bankruptcy Appellate Panel of the Eighth Circuit.

Decided: February 8, 2011.

Attorney(s) appearing for the Case

James A. Kessinger, argued, Luke Andrew Demaree and A. Kathryn Spillers, on the brief, Kansas City, MO, for appellant.

John Brian Hill, argued, Betsy K. Loomer, on the brief, Gladstone, MO, for appellee.

Before KRESSEL, Chief Judge, SALADINO, and NAIL, Bankruptcy Judges.

NAIL, Bankruptcy Judge.

Northland National Bank ("Bank") appeals the June 11, 2010 judgment of the bankruptcy court1 in favor of Debtor David P. Lindsey. We affirm.

BACKGROUND

In 1985, Debtor and his wife formed Lanadar Corp., a Missouri corporation. Lanadar operated a home improvement, consulting, and sale business. In August 2005, Debtor and his wife transferred certain gold coins to Lanadar to capitalize the corporation...

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