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Home / Opinion Digests / Bank loses bid to dismiss fraudulent transfer claims (access required)

Bank loses bid to dismiss fraudulent transfer claims (access required)

Because a trustee pleaded facts showing the existence of transfers made at a time when the transferor was insolvent or rendered insolvent, the trustee may proceed in his suit to avoid and recover the allegedly fraudulent transfers. Background Stephen Scott is the Chapter 7 trustee for Runnymede Capital Management Inc. On Aug. 10, 2018, the trustee ...