United States Ninth Circuit

Affirming the district court's order reversing the bankruptcy order that would have let a committee of unsecured creditors could recover fraudulently transferred funds solely from a corporate cheat because the appellate court agreed with the district court that the committee could also recover funds from the parties to whom the cheat made payments from the corporate account because the 'good guys' involved in these dealings were still in a better position than unsuspecting creditors to guard against corporate fraud.

Appellate Information

• Published 2017/10/02

Judges

• MARBLEY

Court

• United States Ninth Circuit

Counsel