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IN RE TOUSA, INC.

Bankruptcy No. 08-10928-JKO. Adversary No. 08-1435-JKO.

422 B.R. 783 (2009)

In re TOUSA, INC., et al., Debtors. Official Committee of Unsecured Creditors of Tousa, Inc., et al., Plaintiffs, v. Citicorp North America, Inc., et al., Defendants.

United States Bankruptcy Court, S.D. Florida, Fort Lauderdale Division.

October 30, 2009.

Attorney(s) appearing for the Case

Paul Steven Singerman, Esq., Miami, FL, for Debtors.

AMENDED1 FINDINGS OF FACT AND CONCLUSIONS OF LAW

JOHN K. OLSON, Bankruptcy Judge.

In this adversary proceeding, the Creditors' Committee seeks to avoid (as fraudulent transfers) and to recover some $500 million in liens granted by certain of the Debtors (the "Conveying Subsidiaries") less than 6 months before their bankruptcy filings in January 2008 and...

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