Aeon Operating, Inc., In re--Seidel v. Mercury Operating, LLC

Ruling: 
Revenue sweep was an avoidable transfer as it was a transfer of an inerest of the debtor inproperty made within two years before the petition date in which debtor received less than areasonably equivalent value. (Bankr. N.D. Tex.)
Issue: 
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Transfers Presumed Fraudulent.
ABI Membership is required to access the full summary of Aeon Operating, Inc., In re--Seidel v. Mercury Operating, LLC. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on October 03,2017, LexisNexis #1117-055