United States Fifth Circuit
In the Matter of: N A Flash Found. Inc., 07-50803
In a bankruptcy case, refusal to avoid transfers made by debtor to one of its creditors just prior to its bankruptcy filing is affirmed where under state law, creditor was a beneficiary of a construction trust fund of which debtor was trustee, and would be entitled to full recovery of the funds transferred, even in a Chapter 7 proceeding.
Appellate Information
- Decided 08/18/2008
- Published 08/18/2008
Judges
Court
- United States Fifth Circuit