- 11 U.S.C.
Roeder v. Lockwood (In re Lockwood Auto Group Inc.)
May
14
2010
Ruling
Motion to dismiss fraudulent transfer and equitable subordination proceedings denied.
Procedural posture
Defendant bank sought summary judgment on an amended adversary complaint by plaintiff, a chapter 7 trustee for debtor auto dealership. The bank sought dismissal of actual fraud claims per the Pennsylvania Uniform Fraudulent Transfer Act (PUFTA), 12 Pa. Cons. Stat. § 5101 et. seq., and 11 U.S.C.S. § 548(a)(1)(A) as well as dismissal of an equitable subordination claim filed per 11 U.S.C.S. § 510. An issue concerning a deposition was also raised.
ABI Membership is required to access the full summary of Roeder v. Lockwood (In re Lockwood Auto Group Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: