United States Eighth Circuit

Casino could not show that it extended credit to debtor in a commercially reasonable manner, considering debtor's assets, liabilities, and income, and failed to establish its good faith under 11 U.S.C. section 548(c) in receiving transfers of money from debtor; thus, trustee was entitled to recover money debtor transferred to casino to pay gambling debts within the one year period preceding bankruptcy.

Appellate Information

• Decided 04/15/2002
• Published 04/15/2002

Judges

• JOHN R. GIBSON, Circuit Judge., Before WOLLMAN, Chief Judge, JOHN R. GIBSON and FAGG, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellees:
  
• Richard L. Ramsay, Little Rock, AR, argued, for Defendant-Appellant., Thomas S. Streetman, Crossett, AR, argued, for Plaintiff-Appellee.