Rochelle's Daily Wire

ABI Exclusive

Tenth Circuit Protects Subsequent Recipients of Fraudulent Transfer with a New Defense

In a fraudulent transfer of a contract claim, a subsequent recipient of cash proceeds from the claim has no liability under Section 550(a)(2), according to the Tenth Circuit.

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Opinion Link

Case Details

Case Citation

Rajala v. Spencer Fane LLP (In re Generation Resources Holding Co.), 19-3226 (10th Cir. July 10, 2020)

Case Name

Rajala v. Spencer Fane LLP (In re Generation Resources Holding Co.)

Case Type

Business
Court
Bankruptcy Tags