United States Eighth Circuit

Grant of a debtor's request to set aside a property transfer involving the purchase of property at a foreclosure auction is reversed and remanded for the district court to determine in the first instance whether present fair equivalent value was paid for the property when prior liens on the property are considered.

Appellate Information

• Decided 07/21/2006
• Published 07/21/2006

Judges

• MELLOY, Circuit Judge., Before MURPHY, MELLOY, and GRUENDER, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Bob L. Olson, Las Vegas, NV (David G. Hicks, Omaha, NE, on the brief), for appellant.


• For Appellees:
  
• Dana C. Bradford, Omaha, NE (Justin D. Eichmann, on the brief), for appellee.