Nasuti v. Avery (In re Avery)

Ruling: 
Transfer of property from debtor to son was avoided fraudulent and made to an insider.
Procedural posture: 
Chapter 7 trustee filed a complaint against defendants, a debtor and her son, alleging that the debtor's transfer of real property to her son was fraudulent and subject to avoidance under 11 U.S.C.S. § 548(a)(1)(A) and /or (a)(1)(B). As the son sold the property to innocent third parties, the trustee sought recovery of its value under 11 U.S.C.S. § 550(a). The trustee moved for summary judgment.
ABI Membership is required to access the full summary of Nasuti v. Avery (In re Avery). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on March 05,2013, LexisNexis #0613-094