A creditors' committee may not assert fraudulent-transfer claims under 11 U.S.C. � 544 of the Bankruptcy Code; the plain language of � 544 and Hartford Underwriters, holding that an administrative claimant of a Chapter 7 bankruptcy estate does not have an independent right to bring suit under 11 U.S.C. � 506(c), allow only the trustee or debtor-in-possession to assert fraudulent-transfer claims, and a creditor or creditors' committee may not bring such avoidance actions derivatively; the dismissal
September 30, 2002 at 12:00 AM
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Presented by BigVoodoo
New Jersey Law Journal honors lawyers leaving a mark on the legal community in New Jersey with their dedication to the profession.
This conference aims to help insurers and litigators better manage complex claims and litigation.
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
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