§ 550(a)

White v. Jones (In re Butler Innovative Solutions Inc.)

Ruling: 
Unauthorized receipt of payroll payments from debtor did not confer a benefit on the estate and the payments could be avoided.
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Commercial case opionion summary, case decided on April 24,2015, LexisNexis #0515-094

Pankey v. Pankey (In re Pankey)

Ruling: 
Debtor's attorneys were not liable for amounts transferred to third parties relating to debtor's personal injury claim but was liable for retaining portion of settlement as unapproved fee.
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Consumer case opionion summary, case decided on April 06,2015, LexisNexis #0415-128

Kerr v. Roeser (In re Hackney)

Ruling: 
Summary judgment in fraudulent transfer proceeding denied due to issues of fact concerning lender's good faith and due diligence.
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Consumer case opionion summary, case decided on April 02,2014, LexisNexis #0914-095

Menotte v. United States (In re Custom Contractors LLC)

Ruling: 
IRS not liable for fraudulent tax payment which was subsequently refunded to debtor's principal.
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Commercial case opionion summary, case decided on March 26,2014, LexisNexis #0414-061

Hyman v. Bast Amron LLP (In re Cargo Transp. Servs.)

Ruling: 
Law firm acting as conduit for settlement proceeds was not an initial transferee.
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Commercial case opionion summary, case decided on November 26,2013, LexisNexis #1213-092

Wadsworth v. High Speed Aggregate Inc. (In re Trick Techs. Inc.)

Ruling: 
Recipient of restitution was an initial transferee from whom trustee could recover payment.
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Commercial case opionion summary, case decided on July 22,2013, LexisNexis #0813-127

Tardif v. St. John the Evangelist Church (In re Engler)

Trustee filed an adversary proceeding to avoid the debtor's transfer to church under 11 U.S.C.S. § 548 and to recover the value of the transfer from the church under 11 U.S.C.S. § 550(a)(1). The parties filed cross-motions for summary judgment.
Ruling: 
Trustee could not recover allegedly fraudulent charitable donation from church that was conduit and not an initial transferee.
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Consumer case opionion summary, case decided on July 17,2013, LexisNexis #0813-022

Pyfer v. Josantos Construction (In re National Pool Constr. Inc.)

In a previous order, the court found that payments to defendant did not constitute a preference under 11 U.S.C.S. § 547 and denied summary judgment on that basis and dismissed the complaint. The court vacated the dismissal and addressed the remaining counts of the complaint, which included avoidance and recovery of a postpetition transfer under 11 U.S.C.S. §§ 549 and 550 and disallowance of any claim by defendant under 11 U.S.C.S. § 502(d).
Ruling: 
Prepetition check honored postpetition was an unauthorized, avoidable transfer.
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Commercial case opionion summary, case decided on March 08,2013, LexisNexis #0413-057

Field v. Lindell (In re Mortgage Store Inc.)

After the court ruled that a transfer was fraudulent under both the Bankruptcy Code and state law, it found that unresolved questions of fact precluded a finding that plaintiff, a chapter 7 trustee, could recover the transfer pursuant to 11 U.S.C.S. § 550(a) from defendant transferee. The trustee filed a supplemental motion for summary judgment regarding the transferee's status as an initial or subsequent transferee.
Ruling: 
Debtor's sole principal and president who performed under purchase agreement and exercised dominion over funds was an initial transferee.
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Commercial case opionion summary, case decided on September 27,2012, LexisNexis #1212-055

Redmond v. NCMIC Fin. Corp. (In re Brooke Corp.)

Chapter 7 trustee sought to avoid allegedly fraudulent transfers made by the debtors and to recover the value thereof from defendant, a finance corporation and lender (lender). As to one of the counts, the lender moved for summary judgment under Fed. R. Civ. P. 56, made applicable by Fed. R. Bankr. P. 7056, on the basis that it could not be liable within the meaning of 11 U.S.C.S. § 550(a)(1).
Ruling: 
Allegedly fraudulent transfer of operating expenses and loan payments to others could not be recovered from lender that allegedly benefitted.
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Commercial case opionion summary, case decided on March 13,2012, LexisNexis #0413-023

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