VMI Liquidating Trust Dated December 16 2011 v. United States (In re Valley Mortg.)

Ruling: 
Fraudulent transfer claim brought under §548 more than two years after petition date was time barred but claim under §544 was valid where state statute of limitations had not yet run.
Issue: 
Were trustee's fraudulent transfer claims under §548 and under state law pursuant to §544 time barred .
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Commercial case opionion summary, case decided on September 18,2013, LexisNexis #1013-054