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District judge in Brooklyn overturns the bankruptcy court and again exposes colleges and universities to the receipt of fraudulent transfers when insolvent parents pay their childrens’ tuition.

Children were the initial transferees of tuition payments, thus giving schools the ‘good faith’ defense to fraudulent transfers.

Brooklyn judge limits Baker Botts to fee allowances under Section 330(a).

New York judges narrowly define ‘educational benefit’ to discharge student loans.