Petters Co., In re--Kelley v. McDonald

Ruling: 
Court deemed that only an allegation that transfers were avoidable was needed before trustee can sue defendant and not the actual avoidance of initial transfers involved in the pending suit. (Bankr. D. Minn.)
Issue: 
Liability of Transferee of Avoided Transfer.
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Commercial case opionion summary, case decided on January 17,2018, LexisNexis #0218-103