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Official Comm. of Unsecured Creditors v. Fountainhead Grp. Inc. (In re Aerosol)

Official Comm. of Unsecured Creditors v. Fountainhead Grp. Inc. (In re Aerosol)

Ruling
Payments by owners of LLCs made less than twelve months prior to petition date were avoidable.
Issue(s)
Did brother and sister breach their fiduciary duties to their LLCs or made avoidable fraudulent transfers?

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Consumer opinion summary, case decided on September 28, 2015 , LexisNexis #1015-131