- 11 U.S.C.
Farinash v. Bensusan (In re Prebal Jeep Inc.)
Nov
30
2009
Ruling
Transfer that amounted to exchange of reasonably equivalent value was not avoidable.
Procedural posture
This adversary proceeding was initiated by plaintiff chapter 7 Trustee to recover allegedly fraudulent and preferential transfers made by debtor auto dealership to defendant investors. The proceeding was before the court on cross-motions for partial summary judgment.
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Court
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