Voidability of Transfers Lacking Reasonably Equivalent Value Despite Good-Faith Transferee Defense
Synthèse Legislator
Généré par l'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.
Regeste Legislator
Généré par l'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.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAThe provision is cited in the dispositive for ordering the payment of court fees.
Texte complet
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