- 11 U.S.C.
Stoebner v. Ritchie Capital Mgmt. LLC (In re Polaroid Corp.)
Apr
30
2012
Ruling
Grant of security interest in property made only to delay, hinder or defraud could be avoided.
Procedural posture
Plaintiff chapter 7 trustee's adversary proceeding sought to avoid, under 11 U.S.C. §§ 548, 544, the grant of security interests to defendants, entities that claimed to hold an enforceable security interest in certain aspects of debtor's intellectual property, specifically certain trademarks and associated rights. The trustee sought other relief, alternatively or additionally. The trustee moved for partial summary judgment.
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Court
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