- 11 U.S.C.
Mangiulli v. Rameker (In re Mangiulli)
Jan
09
2006
Ruling
Property tax assessments were not reliable indication of market value in determining if conveyance was fraudulent.
Procedural posture
Pursuant to 11 U.S.C. § 548, plaintiff chapter 7 trustee filed an adversary proceeding complaint against defendant, a Wisconsin village, seeking to recover an alleged fraudulent conveyance made to the village by two chapter 7 debtors. The trustee appealed, pursuant to 28 U.S.C. § 158, after the bankruptcy court granted summary judgment to the village on his fraudulent conveyance claim.
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Court
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