- 11 U.S.C.
Gouveia v. Cahilane (In re Cahilane)
Jun
11
2009
Ruling
Transfers to debtor's brother who then transferred funds to corporation were not avoidable as brother did not benefit nor was corporation his alter ego.
Procedural posture
Chapter 7 trustee filed an adversary proceeding against defendant corporate transferee and debtor's brother, seeking to recover certain transfers pursuant to 11 U.S.C.S. §§ 547(b), 548(a)(1)(A) and (B), and 550(a). The trustee also sought to pierce the corporate veil to hold the brother liable for transfers made to the corporation. The court held a trial.
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Court
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