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Ricky Sharpton v. Susan Manchester, Chapter 7 Tr

Summarizing by Lars Fuller

Collins v. J&N Restaurant Assoc., Inc.

Case Type:
Business
Case Status:
Affirmed
Citation:
16-1362 (2nd Circuit, Jan 19,2017) Published
Tag(s):
Ruling:
Affirmed district court affirming bankruptcy court dismissing fraudulent transfer action. Terms of defendants' own plans of reorganization precluded claim, even as administration claim.
Procedural context:
Appeal from district court affirming bankruptcy court dismissing fraudulent transfer action.
Facts:
Individual debtor's trustee sought to recover fraudulent transfers from defendants with their own confirmed plans of reorganization. Trustee framed claims as administration clams not subject to 11 USC 1141,
Judge(s):
Chin, Raggi, Lohier

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