Tuesday, May 17, 2011

Bankruptcy Litigation Blog Cases


BK-DE: Trustee need not plead transferors' fraudulent intent with particularity; alleging "badges of fraud" sufficient. http://ow.ly/4UNZl

BK-FL: Subst. consolidation of Perlman cases proper even if it destroys the trustee's "wrong payor" avoidance actions. http://ow.ly/4UH1r

BK-ND-CA: Oversecured creditor not entitled to default rate of interest where its claim is paid in full in a ch 11 plan. http://ow.ly/4UOhy

D-AZ certifies appeal to 9th: Can confirmed plan enjoin actions against non-debtor guarantor if there's no plan default? http://ow.ly/4UOq1

BK-EDNY: Personal property lease can't be reaffirmed, only assumed under Code Section 365(p). http://ow.ly/4V1hD

BK-HI:"2 year period [to bring §548 claim] is a substantive element of the trustee's claim, not a statute of limitation." http://ow.ly/4V1kB

BK-HI: Statute of limitations doesn't bar UFTA action for fraudulent tsf older than 4 yrs but discoverable < 1 yr pre-BK. http://ow.ly/4V1kB