Second Circuit Defines a Prohibited Double Recovery on Fraudulent Transfers
There is no prohibited double recovery from multiple defendants, the appeals courts says, until the trustee has recovered cash equaling the value of the fraudulently transferred property.
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Case Details
Judge Name
Case Citation
Jones v. Brand Law Firm PA (In re Belmonte), 18-2098 (2d Cir. July 25, 2019)
Case Name
In re Belmonte
Case Type
Consumer