Brooke Bean

Brooke Bean

King & Spalding

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Bankruptcy Court Avoids Loan Obligation as Fraudulent Transfer and Orders the Repayment of Pre-Judgment Payments and Interest

On April 29, 2022, the U.S. Bankruptcy Court for the District of New Jersey avoided a debtor’s $2 million loan obligation and returned $592,875.03 in repayments on that loan—with pre- and post-judgment interest—to the...more

7/19/2022  /  Bankruptcy Court , Chapter 7 , Collateralized Loan Obligations , Fraudulent Transfers , Interest Rates , Loan Repayment Issues , Loans
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