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Braunstein v. Leung (In re Leung)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Transfer from debtor to spouse to reduce spouse's loan obligation avoided as fraudulent.
Procedural posture: 
Plaintiff chapter 7 trustee sued defendant debtor and his wife, seeking to avoid the debtor's payment of $90,000 to reduce the wife's loan obligation as, inter alia, a fraudulent transfer under 11 U.S.C.S. § 548(a)(1). The bankruptcy court conducted a trial.
Issue: 
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Consumer case opionion summary, case decided on September 22,2008, LexisNexis #1208-068