- 11 U.S.C.
Wells v. Salmo (Select One Inc.)
Aug
13
2013
Ruling
Transfer of grocery store to relative in exchange for cancellation of debt in lesser amount was constructively fruadulent.
Issue(s)
Could trustee avoid the debtor's transfer of a grocery store to the sole shareholder's nephew for less than reasonably equivalent value while insolvent.
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Court
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