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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The Texas UFTA Has No ‘Futility Defense’ When a Transferee Is on Inquiry Notice
The Texas UFTA Has No ‘Futility Defense’ When a Transferee Is on Inquiry Notice
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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.
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U.S. Supreme Court Rejects Arizona Opioid Case Against Purdue, Sackler Family
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Justices Seek Trump Lawyer’s View on Madoff Appeal
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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.
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First and Second Circuits Agree: Trustees Alone May Sue Ponzi Scheme Net Winners
Rulings by the First and Second Circuits ensure that recoveries by a Ponzi scheme trustee will be distributed to all victims, not just those who sue on their own.
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To Sue a Subsequent Transferee, Proving a Fraudulent Transfer Isn’t Always Required
A subsequent transferee may be entitled to challenge a fraudulent transfer judgment from a prior suit against the initial transferee.