§ 548

Madoff, In re--Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC

Ruling: 
Trustee was entitled to avoid and recover fictitious profits received by a partnership onaccount of its investment in the Madoff Ponzi scheme as the property was "customer property"prior to the transfer. (Bankr. S.D.N.Y.)
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Court: Judge or Jurisdiction information not available
Consumer case opionion summary, case decided on March 09,2022, LexisNexis #0522-019

NESV Ice, LLC, In re--NESV Ice, LLC v. SHS Ack, LLC

Ruling: 
Fraudulent transfer claims failed unless cured by amendment as debtors made no allegationsregarding the value of assets, debts, or capital requirements. (Bankr. D. Mass.)
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Commercial case opionion summary, case decided on February 25,2022, LexisNexis #0422-066

McCallan, In re--Wilkins v. McCallan

Ruling: 
Debtor's wife waived her right to a jury trial and impliedly consented to final adjudication bythe bankruptcy court by failing to timely file the motion to withdraw the reference. (Bankr.M.D. Ala.)
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Consumer case opionion summary, case decided on March 01,2022, LexisNexis #0422-067

EHT US1, Inc., In re--Urban Commons Queensway, LLC v. EHT Asset Mgmt., LLC

Ruling: 
Defendants in avoidance proceeding held in civil contempt due to insufficient andfraudulently inconsistent efforts to satisfy order for injunctive relief. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on December 14,2021, LexisNexis #0222-065

Marshall, In re--Marshall v. Abdoun

Ruling: 
Reconsideration of denial of motion to avoid tax sale denied because court did not err bymeasuring the property's equivalent value against the price that would have been received at aregularly conducted tax sale instead of against the property's fair market value. (Bankr. E.D.Pa.)
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Consumer case opionion summary, case decided on December 21,2021, LexisNexis #0222-035

ATIF, Inc., In re--Stermer v. Old Republic Nat'l Title Ins. Co.

Ruling: 
Transfers could not be held fraudulent as creditor failed to establish whether debtor receivedless than reasonably equivalent value in exchange. (Bankr. M.D. Fla.)
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Commercial case opionion summary, case decided on December 02,2021, LexisNexis #0122-092

BG Petro., LLC, In re--Estate of BG Petro., LLC v. Cmty. State Bank of Orbisonia, Philippians Place, LLC

Ruling: 
Transfers that occurred after the entry of an order for relief under Chapter 11 and after thecase's conversion could not be avoided as fraudulent. (Bankr. W.D. Pa.)
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Commercial case opionion summary, case decided on December 02,2021, LexisNexis #0122-067

Labsource, LLC, In re--Fort v. Luxor Scientific, LLC

Ruling: 
Bankruptcy court denied debtor's motion to dismiss as the allegations of the trustee'scomplaint sufficiently identified the transfer in question, the trustee's purported value of thetransfer, and the debtor's insolvency. (Bankr. D.S.C.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on September 13,2021, LexisNexis #0122-015

Insys Therapeutics, Inc., In re--Insys Liquidation Trust v. Urquhart

Ruling: 
Preferential transfer complaint failed to allege which debtor had incurred the debt, or factsthat would support a finding that the debtors were insolvent at the time of the transfer or thatthey became insolvent on account of the transfer. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on October 28,2021, LexisNexis #1221-064

Parker Sch. Unifs., LLC, In re--Burtch v. Salem Inv. Partners, III, LP

Ruling: 
Trustee's complaint in preference proceeding dismissed in its entirety as trustee failed toplead facts to support contention that defendant was a statutory insider. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on October 05,2021, LexisNexis #1221-014

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