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Health Diagnostic Lab., Inc., In re--Arrowsmith v. First United Methodist Church Ctr., Ala.

Health Diagnostic Lab., Inc., In re--Arrowsmith v. First United Methodist Church Ctr., Ala.

Ruling
Transfer of funds from intermediate transferee to church could be avoided, as positive,altruistic feelings the intermediate transferee obtained from the transfer did not constitutevalue. (Bankr. E.D. Va.)
Issue(s)
Liability of Transferee of Avoided Transfer.

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Commercial opinion summary, case decided on November 09, 2023 , LexisNexis #0124-039