In re Longview Aluminum LLC

Pre 2005-Act: 
Pre 2005-Act
Member of debtor LLC could be an insider for avoidance purposes.
Procedural posture: 
Appellant, a member of a limited liability company (LLC) that filed for chapter 11 bankruptcy, appealed a judgment of the United States District Court for the Northern District of Illinois that affirmed a decision of a bankruptcy court that held that appellee trustee could void and recover transfers that were made to the member from the LLC less than one year before the bankruptcy filing pursuant to 11 U.S.C.S. § 547(b)(4)(B).
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Commercial case opionion summary, case decided on September 02,2011, LexisNexis #0911-140