Fox News: New Mexico Bankruptcy Court Reaffirms Committee Eligibility for Derivative Standing Despite Contrary Tenth Circuit B.A.P. Precedent
PBWT
OCTOBER 20, 2020
As a result, the official committee of unsecured creditors sought derivative standing to bring fraudulent transfer and turnover claims against the trusts and parishes that it alleges were the recipients of the pre-bankruptcy transfers. LEXIS 2835 (Bankr. 9, 2020) (“Decision”). [2] See 530 U.S.
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