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Gordon v. Kinney (In re Gallagher)

Gordon v. Kinney (In re Gallagher)

Ruling
Return of diamond ring by debtor at conclusion of relationship was not shown to be an avoidable fraudulent transfer.
Procedural posture

Plaintiff bankruptcy trustee brought an adversary proceeding against defendant transferee of a diamond ring from a bankruptcy debtor, seeking turnover of the ring or the value of the ring as property of the debtor's bankruptcy estate pursuant to 11 U.S.C.S. § 542(a).

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Consumer opinion summary, case decided on September 30, 2009 , LexisNexis #1009-125