Another Court Holds that a Debtor Has a Property Interest in Contracts, Not Customers
Once the debtor loses the right to do business, taking customers for no consideration isn’t a fraudulent transfer, Judge Isgur holds.
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Bankruptcy Code
Madoff Trustee Scores Another Major Victory in the Second Circuit
The appeals court rules that the Madoff trustee is entitled to summary judgment together with prejudgment interest at 4%.
Bankruptcy Code
Indiana Bankruptcy Judge Narrowly Reads the Section 546(e) Safe Harbor
Although a stock purchase and a loan payoff were only one month apart, the two transactions lacked a sufficient nexus to invoke the safe harbor, Bankruptcy Judge James Carr said.
Bankruptcy Code