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Mano-Y&M Ltd. v. Field (In re Mortgage Store Inc.)

Mano-Y&M Ltd. v. Field (In re Mortgage Store Inc.)

Ruling
Seller of shopping center properly held to be initial transferee of funds from debtor.
Issue(s)
Did the district court properly hold that owner/seller of shopping center was the initial transferee of funds paid by the debtor in connection with the sale?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 05, 2014 , LexisNexis #0115-021