§ 548(a)

Int'l Supply Co., In re--Stone v. Morton Cmty. Bank

Ruling: 
Loan payments were not avoidable as debtor received reasonably equivalent value inexchange for incurring the obligations and for making the payments. (Bankr. C.D. Ill.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-043

Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC

Ruling: 
Trustee in SIPA liquidation litigation could avoid and recover fictitious profits received bydefendant as a result of Ponzi scheme investment from defendant’s IRA. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on July 02,2021, LexisNexis #0821-067

Berndt, In re--Dymarkowski v. Berndt

Ruling: 
Trustee could not avoid transfer for which it failed to establish that debtor received less than"a reasonably equivalent value." (Bankr. N.D. Ohio)
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Consumer case opionion summary, case decided on June 24,2021, LexisNexis #0821-040

Mack Indus., In re--Peterson v. Premier Elec. Servs.

Ruling: 
Payments by debtor to defendant for electrical work it performed were not constructivelyfraudulent regardless of who owned the properties. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on May 19,2021, LexisNexis #0721-041

Essential Fin. Educ., In re--Sherman v. OTA Franchise Corp.

Ruling: 
Trustee was granted summary judgment on all elements of his actual fraudulent conveyanceclaims except for intent to defraud. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on May 03,2021, LexisNexis #0621-061

Cambrian Holding Co. v. Alliance Prime Assocs.

Ruling: 
Facts alleged in the complaint were accepted as true and allowed a reasonable inference thatdefendants were plausibly liable under the litigating trustee's state and federal fraudulenttransfer claims. (Bankr. E.D. Ky.)
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Commercial case opionion summary, case decided on May 04,2021, LexisNexis #0621-062

Fox Ortega Enters., In re--Kasolas v. Nicholson

Ruling: 
Trustee was entitled to recover the value of wine defendant purchased from debtor whodefrauded purchasers through a Ponzi scheme. (Bankr. N.D. Cal.)
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Commercial case opionion summary, case decided on April 23,2021, LexisNexis #0621-042

Genter, In re--Reed v. Genter

Ruling: 
Transfer of a 49% interest in a successful business to debtor's father for no consideration wasfraudulent. (Bankr. N.D. Tex.)
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Consumer case opionion summary, case decided on March 22,2021, LexisNexis #0521-039

Genter, In re--Reed v. Genter

Ruling: 
Transfer of a 49% interest in a successful business to debtor's father for no consideration wasfraudulent. (Bankr. N.D. Tex.)
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Consumer case opionion summary, case decided on March 22,2021, LexisNexis #0521-039

Wyman, In re--Renneker v. Wyman

Ruling: 
Trustee was denied summary judgment to avoid the transfer because a material issue of factexisted as to the husband's intent in transferring the vehicle approximately one week priorto the petition date. (Bankr. S.D. Ohio)
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Consumer case opionion summary, case decided on March 15,2021, LexisNexis #0521-012

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