- 11 U.S.C.
French v. Liebmann (In re French)
Feb
14
2006
Ruling
Judgment that the debtors' transfer of foreign property was avoidable as constructively fraudulent was affirmed.
Procedural posture
In a debtor's chapter 7 proceeding, appellee trustee filed an adversary proceeding against appellant transferees to avoid the debtor's transfer of foreign property to the transferees. The bankruptcy court found the transfer to be constructively fraudulent under 11 U.S.C. § 548(a)(1)(B), the District Court for the District of Maryland affirmed. The transferees appealed.
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