United States Eleventh Circuit

In case involving claims brought by a bankruptcy estate to avoid fraudulent transfers that were partially satisfied in a lump sum settlement, summary judgment for defendant, which credited the entire settlement amount to trustee's claims against defendant based on Florida law, is reversed as the federal rule of single satisfaction requires the bankruptcy court to allocate the amount of the settlement that applies to the complaint against defendant rather than apply Florida law.

Appellate Information

• Decided 02/13/2007
• Published 02/13/2007

Judges

• PRYOR, Circuit Judge:, Before PRYOR and FAY, Circuit Judges, and STEELE, District Judge.

Court

• United States Eleventh Circuit

Counsel

• For Appellant:
  
• Ian J. Kukoff, Blaxberg, Grayson, Kukoff & Segal, P.A., Miami, FL, for Plaintiff-Appellant.


• For Appellees:
  
• Harold D. Moorefield, Jr., Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson, P.A., Miami, FL, for Defendant-Appellee.