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Jagow v. GEF Servs. LLC (In re Content Distrib.)

Jagow v. GEF Servs. LLC (In re Content Distrib.)

Ruling
Existing preliminary injunction in fraudulent transfer proceeding was sufficient to prevent further loss of assets.
Procedural posture

Chapter 7 trustee moved to modify the preliminary injunction the court had entered against defendant, the purchaser of the assets of debtor corporation. The adversary proceeding sought recovery of the assets as fraudulent transfers under 11 U.S.C.S. §§ 544, 548 and Colo. Rev. Stat. § 38-8-105. The purpose of the preliminary injunction was to prevent the loss of the assets transferred pre- petition.

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Commercial opinion summary, case decided on November 02, 2011 , LexisNexis #1211-052