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§ 550(a)

LLC

Ruling
Committee of unsecured creditors' complaint did not allege facts that would establish that a debtor was a mere conduit for avoidance purposes. (Bankr. D. Del.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred Property.

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Commercial opinion summary, case decided on October 04, 2024 , LexisNexis #1224-064

Alta Mesa Res., Inc., In re--Dunn v. HPS Inv. Partners, LLC

Ruling
Trustee failed to sufficiently plead an actual benefit that was avoidable and recoverable on the
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred Property.

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Commercial opinion summary, case decided on October 01, 2024 , LexisNexis #1224-043

Sec. Inv. Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC

Ruling
Adoption of complaint from another avoidance proceeding in the same action was proper anddid not prejudice defendants. (Bankr. S.D.N.Y.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Commercial opinion summary, case decided on November 09, 2023 , LexisNexis #0124-040

Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC

Ruling
Bankruptcy court had personal jurisdiction over defendants in subsequent transfer claim whoknowingly directed debtor’s customers’ funds to be invested in Ponzi scheme. (Bankr.S.D.N.Y.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Commercial opinion summary, case decided on October 07, 2022 , LexisNexis #1222-066

Sanchez Energy Corp., In re

Ruling
Lenders had priming liens on property encumbered by senior note holders' liens pursuant tothe terms of the DIP order. (Bankr. S.D. Tex.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Commercial opinion summary, case decided on July 22, 2022 , LexisNexis #0922-041

Burks, In re--Alderson FCI v. Burks

Ruling
Trustee was entitled to post-petition payments made on a motor vehicle lien by the debtor tothe creditor as the debtor continued to make post-petition payments in order to maintainpossession of the vehicle. (Bankr. S.D. W. Va.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on January 25, 2022 , LexisNexis #0322-067

Peterson v. Colony Am. Fin. Lender LLC

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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Consumer opinion summary, case decided on December 21, 2021 , LexisNexis #0222-036

Montoya v. Goldstein (Chuza Oil Co.)

Ruling
Chapter 7 trustee was not entitled to recover on fraudulent transfer claim against daughterof debtor’s owner as she was a mere conduit of the money at issue. (Bankr. D.N.M.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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:
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on February 12, 2021 , LexisNexis #0321-092

DSI Renal Holdings, LLC, In re--Giuliano v. Schnabel

Ruling
Partial summary judgment in fraudulent transfer proceeding granted in favor of transfereewho met the securities safe harbor requirements. (Bankr. D. Del.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Commercial opinion summary, case decided on March 30, 2020 , LexisNexis #0520-042

DSI Renal Holdings, In re

Ruling
Recoveries obtained by the trustee in avoidance proceedings actions were capped at amountnecessary to satisfy creditors and expenses. (Bankr. D. Del.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred

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Commercial opinion summary, case decided on February 04, 2020 , LexisNexis #0320-069