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Amended Proofs of Claim are not Always Allowed

Lianna Meehan

St. John’s University School of Law

American Bankruptcy Institute Law Review Staff

 

Avoidance Actions are Property of the Estate that a Trustee may Sell

Enrica Brook

St. John’s University School of Law

American Bankruptcy Institute Law Review Staff

 

In Pitman Farms v. ARKK Food Co., LLC, the United States Court of Appeals for the Eighth Circuit held that avoidance actions, under chapter 5 of title 11 of the United States Code (the “Bankruptcy Code”), are property of the estate under Section 541(a) that a trustee may sell “free and clear.”[1]