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Fangio v. DivLend Equip. Leasing LLC (In re AJAX Integrated LLC)

Fangio v. DivLend Equip. Leasing LLC (In re AJAX Integrated LLC)

Ruling
Creditor that had adequate remedy at law and had lacked due diligence in pursuing claim denied equitable remedy that would defeat trustee's avoidance powers.
Issue(s)
Whether the court should recognize an equitable remedy that would defeat the Trustee's avoidance powers.

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Commercial opinion summary, case decided on March 23, 2016 , LexisNexis #0416-084