The payee of a check isn’t necessarily the transferee of a fraudulent transfer, Chicago judge says.
Federal student loan proceeds were never the parents’ property and thus could not be recovered by a trustee.
Circuit splits persist because the Supreme Court ducks fraudulent transfer cases.
Judge Lafferty lays out the standards for specific personal jurisdiction over a foreign defendant who received stolen property.
To suffice as an objection to exemption, a complaint must be filed within 30 days of the creditors’ meeting.
A trust designed to defeat the claims of creditors can sometimes hold up in bankruptcy.
Courts are split on the status of inherited claims as estate property.
Perplexing opinion may only apply to the status of assets before bankruptcy.