Kelley v. Opportunity Fin. LLC (In re Petters Co.)

Whether in application of the state law of fraudulent transfer, after the substantive-consolidation of the estates of multiple debtors, the trustee may use the standing of a prepetition creditor of one of those debtor-entities to satisfy the predicate-creditor requirement for the avoidance of a pre-petition transfer made by another of the debtor-entities, where the proposed predicate creditor itself had no pre- petition claim against the transferor-debtor.