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Gilbert v. Goble (In re North Am. Clearing Inc.)

Gilbert v. Goble (In re North Am. Clearing Inc.)

Ruling
Payments to debtor's principal for personal expenses that were part of principal's normal compensation were not avoidable as fraudulent.
Issue(s)
Could payments to debtor's principal for personal expenses be avoided as fraudulent?

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Commercial opinion summary, case decided on September 29, 2014 , LexisNexis #1114-025