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    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day
    Delaware Bankruptcy Court Imputes Officer's Fraudulent Intent to Corporation in Avoidance Litigation
    2024-01-31

    A powerful tool afforded to a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") is the power to recover pre-bankruptcy transfers that are avoidable under federal bankruptcy law (or sometimes state law) because they were either made with the intent to defraud creditors or are constructively fraudulent because the debtor-transferor received less than reasonably equivalent value in exchange and was insolvent at the time, or was rendered insolvent as a consequence of the transfer.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, White Collar Crime, Jones Day, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    S. Chrstopher Cundra IV (Chris)
    Location:
    USA
    Firm:
    Jones Day

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