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

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(s)
Liability of Transferee of Avoided Transfer.

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Commercial opinion summary, case decided on January 17, 2018 , LexisNexis #0218-103