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Trustee Allowed to Reach Back 10 Years to Avoid a Fraudulent Transfer

Recently, a Florida bankruptcy court permitted a Chapter 7 trustee to reach back 10 years to unwind a fraudulent transfer, a period of time well beyond the two years that practitioners generally expect.

8 minute read January 01, 2017 at 06:02 AM
By
Aram Ordubegian and Sevan Gorginian
Trustee Allowed to Reach Back 10 Years to Avoid a Fraudulent Transfer

Nullum tempus occurrit regi means “no time runs against the King.” It spells no good fortune when a bankruptcy court references such a phrase.

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