Lovett v. Cardinal Health Inc. (In re Diabetes Am. Inc.)

Ruling: 
Plan agent had standing to pursue fraudulent transfer proceeding on behalf of debtor.
Procedural posture: 
Plaintiff Plan Agent filed this adversary proceeding against defendant, an alleged transferee of constructively fraudulent transfers under 11 U.S.C.S. § 548 and Tex. Bus. & Com. Code Ann. § 24.005, seeking recovery of the transfers. The alleged transferee filed a motion to dismiss based on lack of standing under 11 U.S.C.S. § 1123(b)(3).
Issue: 
ABI Membership is required to access the full summary of Lovett v. Cardinal Health Inc. (In re Diabetes Am. Inc.). 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 December 21,2012, LexisNexis #0113-059