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EPD Inv. Co., LLC, In re--Rund v. Kirkland

EPD Inv. Co., LLC, In re--Rund v. Kirkland

Ruling
Trust was entitled to a claim of $1,950,613 subject to adjustments and without interest as itacquired the claim in good faith but the funds were proceeds of a Ponzi scheme. (Bankr. C.D.Cal.)
Issue(s)
Fraudulent Transfers and Obligations; Validity of Transfers to Good Faith Purchasers for

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Commercial opinion summary, case decided on October 29, 2020 , LexisNexis #1220-068