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Duplication Mgmt. v. Countrywide Home Loans Inc.

Duplication Mgmt. v. Countrywide Home Loans Inc.

Ruling
Payments on debtor's sole shareholder's mortgage while debtor was insolvent were avoidable as fraudulent.
Issue(s)
Were payments on debtor's sole shareholder's mortgage while debtor was insolvent fraudulent transfers.

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Commercial opinion summary, case decided on November 04, 2013 , LexisNexis #1213-022