4100 W. Grand LLC v. TY Grand LLC (In re 4100 Grand LLC)

Ruling: 
Recording of deed in lieu of foreclosure was not a fraudulent transfer.
Procedural posture: 
Chapter 11 debtor-in-possession filed a complaint against creditor to avoid and recover a transfer alleged to be fraudulent pursuant to 11 U.S.C.S. §§ 544(b) and 548(a)(1)(B) and 740 ILCS 160/5 and 160/6.
Issue: 
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Commercial case opionion summary, case decided on October 04,2012, LexisNexis #1112-057