Brandt v. FDIC (In re Equip. Acquisition Res., Inc.)

Ruling: 
Fraudulent transfer claims against the FDIC as receiver for failed bank were precluded wherethe bank was unaware of debtor’s fraudulent scheme. (Bankr. N.D. Ill.)
Issue: 
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Actual Intent to Hinder, Delay, or Defraud.
ABI Membership is required to access the full summary of Brandt v. FDIC (In re Equip. Acquisition Res., Inc.). 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 November 21,2016, LexisNexis #1216-110