Bankruptcy: Fraudulent Transfers: Venue for Plenary Actions Under Section 70(E)
4 Pages Posted: 26 Feb 2012
Date Written: February 25, 1962
This article addresses the proper location of a bankruptcy proceeding where persons alleged to have received fraudulent transfers from the bankrupt reside in different states. The article analyzes a recent case on this issue and concludes that it the court was correct in authorizing litigation binding all parties at the location of the principal bankrupt.
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