New Appeals Court Ruling on the Scope of Subsequent Transferee Liability Under Section 550
PBWT
JULY 15, 2020
Transferees in the last category are known as subsequent transferees.) The Trustee obtained a consent judgment avoiding the original transfers from Generation Resources to LWHC and FWHC, but was unable to recover against LWHC. ” 11 U.S.C. § § 550(a). 1] But what if the transfer is of a non-cash asset?
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