- 11 U.S.C.
Kelley v. Opportunity Fin. LLC (In re Petters Co.)
May
31
2016
Ruling
Trustee could recover of at least the ostensible interest-component that debtors paid to certain defendants and other investors pursuant to alleged Ponzi scheme.
Issue(s)
To what extent could trustee avoid certain transactions that were part of a Ponzi scheme under a state uniform fraudulent transfer act?
ABI Membership is required to access the full summary of Kelley v. Opportunity Fin. LLC (In re Petters Co.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: