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In re Zwirn

In re Zwirn

Ruling
State court fraudulent transfer action was property of the estate.
Procedural posture

The chapter 7 trustee filed a motion to approve a settlement agreement with creditors. The underlying cause of action was brought in state court by a creditor (plaintiff creditor) against two defendant creditors and alleged a fraudulent transfer. A threshold issue was whether this fraudulent transfer claim was property of the bankruptcy estate.

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opinion summary, case decided on February 21, 2007 , LexisNexis #0407-066