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Terry v. Meredith (In re Meredith)

Terry v. Meredith (In re Meredith)

Ruling
Transfer of debtor account's practice to corporation was fraudulent.
Procedural posture

Chapter 7 trustee brought a complaint against defendants, the wife of the sole shareholder of debtor and a corporation of which the wife was the sole shareholder. Trustee requested that the court determine that debtor and the corporation were alter egos of each other, pierce the corporate veil of the corporation, find that the transfers to defendants were fraudulent under 11 U.S.C. § 548, permit the recovery of the transferred assets.

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opinion summary, case decided on September 29, 2006 , LexisNexis #1106-127