§ 550(b)(1)

Desmond v. Am. Express Centurion Bank, Inc. (In re Callas)

Ruling: 
Payments on antecedent credit card debt accepted in good faith were not avoidable. (Bankr.N.D. Ill.)
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Consumer case opionion summary, case decided on September 28,2016, LexisNexis #1016-092

Brandt v. Horseshoe Hammond LLC (In re Equip. Acquisition Res. Inc.)

Ruling: 
Transfers of debtor's property by debtor's owner to casino properly held not to be avoidable pursuant to good faith defense.
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Commercial case opionion summary, case decided on October 13,2015, LexisNexis #1115-023

Infinity Real Estate Invs. LLC v. Roach (In re J.T. Real Estate Invs. LLC)

Ruling: 
Trustee could recover from lienholders whose actions were part of "washing" of fraudulent transfers through third parties.
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Commercial case opionion summary, case decided on June 25,2013, LexisNexis #0913-092

Cage v. GDH Intl Inc. (In re Great Gulfcan Energy Tex. Inc.)

Plaintiff bankruptcy trustee brought an adversary proceeding against defendant transferee of real property seeking to recover the value of the property which a bankruptcy debtor transferred to its former principal for no consideration, who then transferred the property to the transferee in partial satisfaction of a judgment. The trustee and the transferee cross-moved for summary judgment.
Ruling: 
Trustee could not avoid transfer by initial transferees to subsequent transferees who took title in good faith.
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Commercial case opionion summary, case decided on March 08,2013, LexisNexis #0413-058

CLC Creditors Grantor Trust v. Howard Savings Bank (In re Commercial. Loan Corp.)

Creditors' trust brought an adversary proceeding against defendant transferees of funds from a bankruptcy debtor alleging that the transfer of funds to the transferees as payment for stock in the debtor constituted an avoidable fraudulent transfer. The transferees admitted that the transfer was constructively fraudulent but asserted a defense under 11 U.S.C.S. § 550(b)(1) based on taking the transfer in good faith.
Ruling: 
Constructively fraudulent transfer for value accepted in good faith was not avoidable.
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Commercial case opionion summary, case decided on April 29,2010, LexisNexis #0710-035
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