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Teston, In re--Teston v. Univ. Sys. of Md.

Teston, In re--Teston v. Univ. Sys. of Md.

Ruling
Student, not the university, was the initial transferee of tuition funds paid during a periodwhere the payments were refundable and therefore the university had a good faith defense toavoidance. (Bankr. D. Md.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Consumer opinion summary, case decided on October 03, 2022 , LexisNexis #1222-065