TITLE

legal notes

AUTHOR(S)
HELFAT, JONATHAN; KOHN, RICHARD
PUB. DATE
May 2009
SOURCE
Secured Lender;May/Jun2009, Vol. 65 Issue 4, p72
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses several cases on the good faith transferee defense available to transferees of the initial recipient of a fraudulent transfer under Section 550(b) of the U.S. Bankruptcy Code. CNB International Inc. v. Kelleher is an example of how lenders can be found liable to repay a fraudulent transfer. In Schubert v. Lucent Technologies Inc., the focus is on the level of the relationship between a lender and its debtor.
ACCESSION #
40098957

 

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