Nov
25
2014
Ruling:
Summary judgment proceeding for avoidance of debtor's transfer of interest in corporation to spouse denied as debtor's spouse and corporation had right to demonstrate legitimate purpose for transfers.
Issue:
Was trustee entitled to summary judgment in proceeding for avoidance of transfer of 97 percent interest in corporate entity to debtor's former spouse?
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Consumer case opionion summary, case decided on November 25,2014, LexisNexis #1214-130