Returning a Fraudulent Transfer Absolves the Recipient of Liability, Fifth Circuit Rules
Assisting a debtor in effecting a fraudulent transfer with ‘actual intent’ isn’t enough to hold the transferee liable.
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Bankruptcy Code
Supreme Court Update: No Decision Soon on Extraterritorial Fraudulent Transfers
The Supreme Court wants the government’s opinion about comity and the extraterritorial application of Sections 548 and 550.
Bankruptcy Code
First Circuit Starkly Holds that Tuition for an Adult Child Is a Fraudulent Transfer
The case in the appeals court apparently did not involve a student account structured to prevent the college from being the initial recipient of a fraudulent transfer.