Peterson v. Colony Am. Fin. Lender LLC
Dec
21
2021
Ruling
Trustee's claims to recover from the first LLC the value of the properties transferred from thedebtors to the third LLC failed as the first LLC was not an initial transferee of the properties.(Bankr. N.D. Ill.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred
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Court
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