Chapter 7
MEMORANDUM OPINION ON CROSS MOTIONS
FOR SUMMARY JUDGMENT
MICHAEL G. WILLIAMSON, United States Bankruptcy Judge
Under Bankruptcy Code section 550(a)(1), a trustee can recover the value of a fraudulent transfer from an initial transferee unless the initial transferee served as a mere conduit for the fraudulent transfer and otherwise acted in good faith. Here, the Debtors fraudulently transferred funds to the Defendant....
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