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Rosen v. Coggins & Harman P.A. (In re Rood)

Rosen v. Coggins & Harman P.A. (In re Rood)

Ruling
Alleged fraudulent transfers prior to two-year reach-back period could not be avoided.
Procedural posture

Chapter 7 trustee sued defendant law firm to recover pursuant to 11 U.S.C.S. § 548(a) funds paid to the firm by certain debtors for rent and legal fees for which the trustee argued that the debtors received no reasonably equivalent value, and to avoid a fraudulent conveyance occurring during the three-year period before filing under the Maryland Uniform Fraudulent Conveyances Act (Act), Md. Code Ann., Com. Law § 15-201 et seq. (2003).

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Consumer opinion summary, case decided on February 28, 2012 , LexisNexis #0312-090