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Labsource, LLC, In re--Fort v. Luxor Scientific, LLC

Labsource, LLC, In re--Fort v. Luxor Scientific, LLC

Ruling
Bankruptcy court denied debtor's motion to dismiss as the allegations of the trustee'scomplaint sufficiently identified the transfer in question, the trustee's purported value of thetransfer, and the debtor's insolvency. (Bankr. D.S.C.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on September 13, 2021 , LexisNexis #0122-015