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Diamond Fin. Co., In re--Pergament v. Torac Realty, LLC

Diamond Fin. Co., In re--Pergament v. Torac Realty, LLC

Ruling
Transfers could be avoided where the debtor and its entities paid back defendant transfereealmost double the amount that it loaned. (Bankr. E.D.N.Y.)
Issue(s)
Liability of Transferee of Avoided Transfer.

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Commercial opinion summary, case decided on February 22, 2024 , LexisNexis #0424-044