- 11 U.S.C.
Omega Door Co. Reorganization Trust v. Buonpane (In re Omega Door Co.)
Jan
13
2009
Ruling
Bankruptcy court erred in finding that fraudulent transfer allegations against note payments were time barred.
Procedural posture
Plaintiff trustee sued defendant shareholder, seeking, inter alia, to recover note payments made by the debtor as fraudulent transfers under 11 U.S.C.S. §§ 544(b) and 548, and alleging that the payments were preferential transfers under 11 U.S.C.S. § 547(b). The bankruptcy court for the Northern District of Ohio dismissed the fraudulent transfer claims, but found for the trustee on the preference claim. The parties cross appealed.
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Court
:
Judge or Jurisdiction information not available