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Buchwald Capital Advisors, LLC v. Papas

Buchwald Capital Advisors, LLC v. Papas

Ruling
Wire transfers were shielded from trustee's avoidance reach as transfers made by or to afinancial institution in connection with a securities contract. (E.D. Mich.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.

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Consumer opinion summary, case decided on January 23, 2018 , LexisNexis #0318-017