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Combs-Skinner v. Gorman (In re Premier Data Solutions Inc.)

Combs-Skinner v. Gorman (In re Premier Data Solutions Inc.)

Ruling
Payments by debtor to former spouse while insolvent were constructively fraudulent transfers.
Procedural posture

The bankruptcy trustee for a corporate debtor filed an amended adversary complaint against defendant to recover transfers. At issue was whether plaintiff had proven all of the elements of a constructively fraudulent transfer under 11 U.S.C.S. § 548(a)(1)(B).

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Commercial opinion summary, case decided on February 07, 2012 , LexisNexis #0312-053