DISCLAIMER:  The following unofficial case summaries are prepared by the clerk's office
                        as a courtesy to the reader. They are not part of the opinion of the court.

056047P.pdf   08/02/2006  Thomas D. Stalnaker  v.  George Gratton
   U.S. Court of Appeals Case No:  05-6047
   District of Nebraska   
   [PUBLISHED] [Schermer, Author, with Federman and Venters, Bankruptcy Judges]
   Bankruptcy Appellate Panel. Bankruptcy court did not err in
   determining defendant Gratton was not an insider of debtors for purposes
   of avoiding certain transfers as preferential pursuant to 11 U.S.C. Sec.
   547(b); bankruptcy court did not err in determining debtor received
   reasonably equivalent value, and, therefore, a fraudulent conveyance did
   not occur; however, the bankruptcy court erred in determining that
   Gratton gave value to debtor Rosen in exchange for a lien on debtor's
   condominium and, therefore, Gratton is not entitled to retain the lien on
   the condominium under 11 U.S.C. Sec. 548(c).