Voidability of Transfers Lacking Reasonably Equivalent Value Despite Good-Faith Transferee Defense
Sintesi Legislator
Generato dall'IAThe matter concerned whether certain transactions were voidable transfers under the Bankruptcy Code due to the transferor having received less than reasonably equivalent value while insolvent, specifically addressing the application of statutory exceptions that shield good-faith transferees for value. The court reasoned that while the transferor was indeed insolvent when receiving less than reasonably equivalent value, the statutory exceptions protecting good-faith transferees do not apply to a transfer that is voidable as a fraudulent transfer under the relevant Bankruptcy Code section, thus affirming the voidability of the transactions.
Regesto Legislator
Generato dall'IAArt. 66 al. 1 LTF; Voidability of Transfers Lacking Reasonably Equivalent Value Despite Good-Faith Transferee Defense: The court reasoned that while the transferor was indeed insolvent when receiving less than reasonably equivalent value, the statutory exceptions protecting good-faith transferees do not apply to a transfer that is voidable as a fraudulent transfer under the relevant Bankruptcy Code section, thus affirming the voidability of the transactions.
Parole chiave
Generato dall'IADisposizioni normative citate
Generato dall'IADecisioni correlate
Generato dall'IAQuestioni giuridiche chiave estratte da Legislator
Generato dall'IAThe provision is cited in the dispositive for ordering the payment of court fees.
Testo completo
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