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Home / Opinion Digests / Trustees lacked standing to assert certain claims (access required)

Trustees lacked standing to assert certain claims (access required)

Trustees who alleged fraudulent transfer of assets were found to lack standing because the Bankruptcy Code does not give trustees the authority to avoid the transfer of property interests of non-debtor entities. Background Leah McCurnin filed a voluntary petition for relief under chapter 7 of the Bankruptcy Code on Dec. 29, 2015. Shelby McCurnin filed his own ...