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Lingham Rawlings LLC v. Gaudiano (In re Lingham Rawlings LLC)

Lingham Rawlings LLC v. Gaudiano (In re Lingham Rawlings LLC)

Ruling
Preferential transfers by management agent to itself could be avoided.
Procedural posture

Chapter 11 debtor commenced an adversary proceeding against transferee for breach of contract, fraudulent concealment, conversion, breach of fiduciary duties, professional negligence, and tortious interference with business relationships; seeking to avoid fraudulent transfers under 11 U.S.C.S. § 548(a)(1)(B) and under 11 U.S.C.S. § 544(b)(1) through state law, and to avoid transfers under 11 U.S.C.S. § 547.

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Commercial opinion summary, case decided on April 03, 2013 , LexisNexis #0413-129