Salary Paid for Poor Performance Is No Fraudulent Transfer | ABI

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January 10, 2017

Salary Paid for Poor Performance Is No Fraudulent Transfer

Conclusory allegation about insolvency doesn’t overcome a 10-K showing solvency.

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Opinion Link

View Opinion

https://www.gpo.gov/fdsys/pkg/USCOURTS-laed-2_15-cv-03141/pdf/USCOURTS-laed-2_15-cv-03141-2.pdf

Case Details

Judge Name

Case Citation

Tow v. Bulmahn, 15-3141 (E.D. La. Jan. 4, 2017)

Case Name

Tow v. Bulmahn

Case Type

Court

Louisiana Eastern District

Bankruptcy Tags

Bankruptcy Litigation

Corporate Governance

Fraudulent Transfers

Business Reorganization

Public Companies and Claims Trading