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Safe Harbor Defense Bars Creditors' State Law Fraudulent Transfer Claims

Creditors of a Chapter 11 debtor asserting "state law, constructive fraudulent [transfer] claims ' are preempted by Bankruptcy Code Section 546(e)," held the U.S. Court of Appeals for the Second Circuit on March 29, 2016.

14 minute read June 01, 2016 at 12:00 AM
By
Michael L. Cook
Safe Harbor Defense Bars Creditors' State Law Fraudulent Transfer Claims

Creditors of a Chapter 11 debtor asserting “state law, constructive fraudulent [transfer] claims ' are preempted by Bankruptcy Code Section 546(e),” held the U.S. Court of Appeals for the Second Circuit on March 29, 2016.

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