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Ritchie Capital Mgmt. LLC v. Stoebner

Ruling: 
Transfer of trademarks to corporate insider of debtor for which proceeds were diverted to Ponzi scheme rather than to debtor held to be fraudulent.
Issue: 
Did the bankruptcy court properly avoid the transfer of debtor Polaroid's trademarks, in exchange for loans, the proceeds of which were never received by debtor but rather by other companies similarly owned by Ponzi scheme operator Tom Petters?
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Commercial case opionion summary, case decided on March 10,2015, LexisNexis #0415-054