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§ 550(f)

Fry v. Maxim Global Inc. (In re Maxim Truck Co.)

Ruling
Avoidability proceeding dismissed with respect to transactions outside preference period.
Procedural posture

Plaintiff bankruptcy trustee brought an adversary proceeding against defendants, related entities and the principal of the entities, alleging that the entities' security interest in a bankruptcy debtor's assets, and the assumption and subsequent sale of the assets, were avoidable as preferential or fraudulent transfers. The entities and the principal moved to dismiss certain claims asserted in the trustee's amended complaint as untimely.

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Commercial opinion summary, case decided on February 17, 2009 , LexisNexis #0409-138

First Conn. Consulting Grp., Inc., In re--Coan v. Licata

Ruling
Trustee's claims were not time-barred as the statute of limitations had not been triggered for any initial or subsequent transferees. (Bankr. D. Conn.)
Issue(s)
Liability of Transferee of Avoided Transfer; Statute of Limitations.

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Commercial opinion summary, case decided on May 01, 1997 , LexisNexis #0523-094