Rodney Tow Ch 7 Trustee v. Exxon Mobil Corp. (In re ATP Oil & Gas Corp.)

Ruling: 
Payment by debtor to oil company was avoidable where alleged “constructive trust” in which debtor had held funds was not recognized by state law.
Procedural posture: 
Issue: 
Was payment from debtor’s alleged constructive trust to oil company pursuant to offshore operating agreement avoidable?
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Commercial case opionion summary, case decided on June 07,2016, LexisNexis #0716-017