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IIG Global Trade Fin. Fund Ltd., In re--IIG Global Trade Fin. Fund Ltd. v. Int’l Inv. Grp

IIG Global Trade Fin. Fund Ltd., In re--IIG Global Trade Fin. Fund Ltd. v. Int’l Inv. Grp

Ruling
Safe harbor for transfers in connection with a securities transaction did not attach to claims based on state law that had no relation to bankruptcy law. (Bankr. S.D.N.Y.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.

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Commercial opinion summary, case decided on November 08, 2024 , LexisNexis #0125-059