This is the second of an expected five-part series on fraudulent transfers. In my first blog, I laid out the basic statutory framework, as well as described generally the difference between actual and ...

The Bankruptcy Code provides a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP") with the power to avoid and recover certain fraudulent transfers that a creditor could have avoided outside ...

One of the most interesting and talked about creditor-debtor — and thus asset protection — cases in recent years was the one which was the subject of my article Lawyer, Law Firm And Bank Exposed To ...

Daniel Guyder, a partner with Allen & Overy, and John Kibler, senior counsel at the firm, review a recent decision that raised numerous significant issues regarding fraudulent conveyance law and ...

The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

WASHINGTON (CN) — The Supreme Court plugged a bankruptcy loophole Wednesday and blocked a trustee from recovering tax payments for employees who worked without full pay at a Utah-based transportation ...

September 21, 2023 - The 2nd U.S. Circuit Court of Appeals decided In re TransCare Corp., No. 21-2547; 21-2576, affirming rulings from the United States District and Bankruptcy Courts for the Southern ...

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The Ninth Circuit, reversing the Tax Court and remanding with instructions to enter judgment in favor of the IRS, found that former shareholders of a liquidated broadcasting company were liable as ...

John E. Sullivan III is a founding member of the law firm of Sullivan & Sullivan, Ltd. Mr. Sullivan represents debtors, creditors, and other interested parties in collections, bankruptcy and asset ...

Walmart (NYSE:WMT) has agreed to a $10 million settlement with the U.S. Federal Trade Commission over its alleged failure to prevent scammers from using its wire transfer services to defraud consumers ...