Adelphia Communs. Corp. v. FPL Group Inc. (In re Adelphia Communs. Corp.)

Ruling: 
Stock repurchase transaction properly held not to be an avoidable fraudulent transfer.
Issue: 
Could recovery trust, as successor to debtor's rights, recover as a fraudulent transfer, approximately $150 million that debtor paid for the repurchase of its own stock?
ABI Membership is required to access the full summary of Adelphia Communs. Corp. v. FPL Group Inc. (In re Adelphia Communs. Corp.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 13,2015, LexisNexis #0415-020