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Aug 29, 2014

Richard Burstein and Reagan Boyce Prevail on Fraudulent Transfer Claim

On behalf of David Seror, chapter 7 trustee, Richard Burstein and Reagan Boyce successfully presented at a contested trial in the United States Bankruptcy Court a claim to avoid as fraudulent the transfer of a Los Angeles-area residence to a debtor’s spouse under a Marital Settlement Agreement. On conclusion of the trial, Judge Ahart announced that he would give judgment on the claim of a constructively fraudulent transfer in favor of the trustee, avoiding the transfer and recovering the asset for the estate.

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