U.S. Supreme Court
Feb. 19, 2016
Justices to look at when debtors can avoid debt
In March, the U.S. Supreme Court will hear arguments about whether debtors are allowed to transfer assets for less than equivalent value in exchange, without it being deemed fraud.
Neal S. Salisian
Founding Partner
Salisian Lee LLP
Phone: 213-622-9100
Email: neal.salisian@salisianlee.com
USC Law School; Los Angeles CA
California creditors are among the many that anxiously await guidance from the U.S. Supreme Court on whether debtors will be allowed to transfer assets, for less than equivalent value in exchange, without it being deemed "actual fraud." Some believe that debtors should be afforded certain allowances to transfer assets without recourse from their creditors, and the Supreme Court is poised to clarify whether bankruptcy law contemplates the discharge of debts despite the presence of potential...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In