- 11 U.S.C.
Nasuti v. Avery (In re Avery)
Mar
05
2013
Ruling
Transfer of property from debtor to son was avoided fraudulent and made to an insider.
Procedural posture
Chapter 7 trustee filed a complaint against defendants, a debtor and her son, alleging that the debtor's transfer of real property to her son was fraudulent and subject to avoidance under 11 U.S.C.S. § 548(a)(1)(A) and /or (a)(1)(B). As the son sold the property to innocent third parties, the trustee sought recovery of its value under 11 U.S.C.S. § 550(a). The trustee moved for summary judgment.
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Court
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